Center for Economic Development (CED) report : the economy shrank 1 per cent in the second quarter

Center for Economic Development (CED) report : the economy shrank 1 per cent in the second quarter

The Center for Economic Development has announced its forecast that Bulgaria will overcome the economic crisis at the end of 2010 or at the beginning of 2011 the earliest.

According to the experts' report, announced Monday, the economy of the country has shrunk by 1% in the second trimester, in comparison to the first trimester, when the compression has been 3,6%.

The report has also stated that during the second trimester Bulgaria has experienced a raise in the manufacturing and a slowdown of the drop in the services, trade and construction.

 

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.