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The European Commission expects Bulgaria to report an economic growth of 0.8% in 2012. Photo by BGNES
The European Commission expects Bulgaria to report an economic growth of 0.8% in 2012.
Bulgaria's GDP is set to grow by 1.4% in 2013 and by 2% in 2014, according to the Autumn forecast 2012-14 of the EC.
According to EC estimations, the unemployment rate in Bulgaria will remain unchanged in 2013 from the level of 12.7% in 2012.
In 2014, unemployment in Bulgaria is to drop to 12.5%.
Bulgaria is to report an inflation rate of 2.5% in 2012, which will increase to 2.6% and 2.7% in 2013 and 2014, respectively.
Bulgaria's government debt is to amount to 19.5% of GDP in 2012.
According to the EC forecast, the government debt will shrink to 18.1% of GDP in 2013 and settle at 18.3% of GDP in 2014.
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