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.