Bulgarian Economy Is Stable, WB Says
The Bulgarian economy is incredibly stable, said Mr. Tony Thompson, a Country Manager for Bulgaria, the Czech Republic, and Slovenia of the World Bank during the 11th Annual Conference, named Strategic Infrastructure and Investments, Bulgaria in Connected Europe 2016. “Good things are happening across Bulgaria’s entire economy, not only in the construction business. We are witnessing a market competition of a series of stable companies not only in this country, but also within the EU, succeeding in a direct contest with global leaders, which is good news. The unemployment index is going down. There is almost no inflation, the fiscal consumption’s level is excellent, the deficit is also decreasing and Bulgaria continues to have GDP – debt ratios that are among the lowest in the EU,” Mr. Thompson said. In his words, a part of the road that we must go along is related to the necessity of not losing the investments already made.
BNR