New Market Research Report: Bulgaria Shipping Report Q2 2013
BMI have become a little more optimistic about Bulgaria's economic outlook over the last three months. We have revised up our estimate for 2012 GDP growth to 0.4% (from 0.1% previously) and we are now forecasting GDP expansion of 1.5% in 2013. The change reflects a better-than-expected performance in H212, the emergence of what looks like a modest recovery in the eurozone, and domestic factors such as a more expansive fiscal policy ahead of parliamentary elections due in mid-2013. On...
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