Surplus for the first time following the crisis

Surplus for the first time following the crisis

In the middle of the year the Bulgarian economy registers good results that provide ground to believe that the country could truly rely on a budget of growth in 2013. The economy grew 0.5% on an annual basis in the first quarter of 2012.

The level of unemployment continued dropping to 11% in April. In view of fiscal policy the implementation of the state budget continued to improve and a surplus was registered for a second consecutive month - BGN 284.6 million. The data did not remain unnoticed by observers. According to Raiffeisenbank's latest analysis there was ground for a 2% growth until the end of the year.

The analysts noted that following a drop in the first two months of 2012 in March and April export grew on an annual basis even though slightly - 1.9% and 2.5% respectively, the Stroitel weekly informs.

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