EC Downgrades Bulgaria's Economic Growth Forecast

Politics » BULGARIA IN EU | May 3, 2013, Friday // 13:54
EC Downgrades Bulgaria's Economic Growth Forecast: EC Downgrades Bulgaria's Economic Growth Forecast The EC headquarters in Brussels, file photo

The European Commission has downgraded its forecast for Bulgaria's economic growth for 2013 by 0.5%.

The Bulgarian National Radio's correspondent in Brussels reported Friday EC expected that in 2013 Bulgaria will register a 0.9% economic growth, instead of the earlier forecast of 1.4%.

The Gross Domestic Product, GDP, forecast has also been lowered from 2% in February 2013 to 1.7% now.

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Tags: EC, downgraded, Bulgaria, economic growth, forecast, European Commission, GDP

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