Daily news

 
PREDICTIONS OF 5.5 GDP GROWTH RATE IN BULGARIA
14:45 Wed 28 Jun 2006
 

The Economist's analytic division, Economist Intelligence Unit (EIU), predicted a five percent GDP growth rate in Bulgaria in 2006.

The EIU report, presented during a business forum in Athens, said that after the country's EU accession in 2007 the economic growth rate would decrease from 5.5 to 3.5 per cent, Darik Radio reported.

The main difference between Bulgaria and Romania was that Bulgaria attracted more foreign investment, which totals 10 per cent of the GDP. Direct foreign investment was expected to rise by 6.5 per cent after EU accession.

Challenges Bulgaria would face in 2007 included maintaining political stability, and seeking improvement in the external deficit and human capital.

 
Printer friendly version
 
 
 
 
 
more from News
Custom Search
Free Daily News Alerts
BNB Fixing 01 Dec 2008
EUR1.2608USD
EUR0.7916GBP
EUR1.95583BGN
USD1.55126BGN
GBP2.32408BGN
 
 
 
 
Download first page