Send to KindleBulgaria is expected to have at least 2% GDP growth for 2011, according to economic analysts, but it might be even higher given adequate measures on the part of the cabinet.
Georgi Angelov from the Open Society institute stated that according to him the most optimistic scenario is that of 6-7% GDP growth, while the worst possible case will range around 1%.
He expressed regret that the government has not realized an alleged potential for 4-5% growth in 2010 due to lack of reforms and increased budget deficit, which has lead to next to 0% growth.
Another economic analyst, Krasen Stanchev, also expressed confidence that Bulgaria will effect a 2% increase in GDP in 2011, but also commented that that will happen without any connection with the efforts of the government.
The official forecast of Minister of Economy Traicho Traikov is for a 2-3.6% GDP growth. The 2011 state budget includes a growth of 3.6%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
China's economy experienced robust growth in the first quarter of 2024, defying market expectations and signaling resilience amid challenges in the property market
Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The latest data released by Eurostat, the official statistical office of the European Union, reveals that Bulgaria continues to grapple with the lowest purchasing power within the EU
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
As the summer season draws near, the issue of staffing in the tourism sector in Bulgaria comes to the forefront once again, with the workforce having to depend on individuals from foreign countries for yet another year
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
