Bulgaria's Finance Minister projects 6% economy growth in Q4 2011 - report

Bulgaria's Finance Minister projects 6% economy growth in Q4 2011 - report

Bulgaria's Finance Minister Simeon Dyankov projects that the country will record six per cent economic growth in the fourth quarter of 2011.According to Dyankov, Bulgaria was hit by the crisis half a year after most of the EU member states and thus its recovery will be observed six months later, he told mass-circulation Trud in an interview.Dyankov is confident that the country could even see economic improvement of eight per cent going forward.Bulgaria had not witnessed such a significant increase even before the start of the crisis, but the policies that were being implemented and low taxes could help local businesses secure higher growth, Dyankov said.Bulgaria's economy improved by 3.4 per cent in the first three months of the year. /Source: The Sofia Echo/

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