In its autumn report, the European Commission (EC) forecast better than expected economic growth against the background of continuing reduction of unemployment in Bulgaria in 2016 and 2017.
Bulgaria Air starts operating 10 new regular passenger flights to some of the most attractive cities in Europe and…10 Views | the publication reaches you by | Bulgarian Business Club
The EC also expects Bulgaria’s state debt to hit its peak in 2016 and to begin to decrease in the medium term.
According to the EC, Bulgaria’s real GDP has increased by 3.6% for 2015, while a certain reduction of growth is expected to 3.1% for 2016, 2.9% for 2017 and 2.8% for 2018.
This, however, is an ascending revision of the spring forecast of the Commission made in May, according to which Bulgaria’s GDP was expected to grow by a mere 2.0% in 2016 and by 2.4% in 2017.
The Bulgarian economy shrunk by 4.6 percent last year, and in 2021 the country expects a recovery and…15 Views | the publication reaches you by | Bulgarian Business Club
Do you have information you want to reach our readers?