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The Economy of Bulgaria - April 2012

Center for Economic Development, Bulgaria
The latest annual NSI data confirm that after the decline in GDP by 5.5% in 2009, the Bulgarian economy is growing again in the last two years (by 0.4% and 1.7%). Although the growth trend in the Bulgarian economy started recovering in the second-third quarter of 2010, growth is still weak, and slows at the end of 2011 by more than the expected up to 0.3% for the last quarter of 2011. Short-term data for the first 2-3 months of 2012 do not seem encouraging for a positive economic growth in the first quarter. The report expects a decline in the economic growth, albeit weak.
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Contributor: Center for Economic Development - http://www.ced.bg
Topic: Economy and Development
Country: Bulgaria
Document Type: Economic Analyses and Commentaries
Year: 2012
Keywords: Agriculture, Banking, Capital Market, Economic Policy, Energy Policy, Environmental Policy, Public Finance, Regional Policy, Social Policy, Tourism, Transport
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