The EC has Positive Forecasts for the Bulgarian Economy
The European Commission is revising its forecast for the Bulgarian economy in a sharp upward direction. According to Brussels, this year our economic growth will be 3.9%, after the European Commission projected 2.9% in the spring. The reason - according to the EC, it is domestic consumption. Because of this, there has been an increase in imports, while our net exports are declining and their contribution to our economy will practically be zero.
The EC also reports another positive change - the move towards moderate inflation. For this year, Brussels expects 1% inflation after Bulgaria was in a state of deflation mostly because of the Plamen Oresharski government.
- » DW: Bulgaria and Romania Push to Join EU's Schengen Area
- » Marie-Christine Vergiat: The Teaming Between Bulgarian and Turkish Border Guards is Disturbing
- » Bulgaria is at the Last Places in the European Union in People Working in the Field of Culture
- » Le Point: Mariya Gabriel is One of the Most Actively Working Commissioners
- » Informal Meeting of EU Foreign Ministers Starts Today in Sofia
- » German Politician Opposed the Accession of Bulgaria to Schengen