Political instability in Bulgaria is likely to mar optimistic forecasts for economic growth next year, said economists from the Institute for Market Economics.
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According to the latest expectations of the European Commission and the International Monetary Fund, the growth of Bulgaria’s economy will be around 2.5% – 3% in 2017.
However, the statements were made before the resignation of the government ensuing in political instability.
”The latest events in Bulgaria will have a negative impact on GDP growth and it will probably be around 2%”, said Desislava Nikolova, chief economist at the Institute for Market Economics, quoted by BTA.
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