Bulgarian Economy Is Not Only Growing but Becoming More Competitive

Bulgarian economy is currently booming, with GDP marking 3% growth and unemployment dropping to a decent 7.5-percent level. The incomes of the poorest EU citizens have also been growing. However, Bulgarians continue to be dissatisfied with their standard of living, while the government keeps bragging about having the biggest contribution for this prosperity. Whether it is so or business has been naturally recovering from the severe financial and economic crisis of 2008 does not seem so important. The important thing is that Bulgaria has actually been marking progress and getting closer to the average European levels in terms of economic development and standard of living.

 

 

BNR