Bulgaria and the EC autumn economic forecast

In its autumn economic forecast for the period 2012-2014 the European Commission expects that the Bulgarian economy will mark a 0.8% growth in 2012.

The growth in 2013 and 2014 is expected to be 1.4 and 3% respectively. The EC expects unemployment in Bulgaria to be about 12.7% this year, as in 2013 it is expected to remain the same. Inflation in 2012 will be about 2.5% Government debt in 2012 will be 19.5% and in 2013-2014 it will shrink to 18.1%-18.3%.

Adapted from Bulgarian National Radio