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Bulgarian Economy to Recover
In 2013, Bulgaria is expected to show substantially higher growth rates, UniCredit Bulbank says.
Bulgarian Economy to Recover / Picture: © Vindobona.org
In 2013, Bulgaria´s gross fixed capital formation should expand by 5% next year, UniCredit says. According to the bank, Bulgaria wins back the confidence of foreign investors. The financial difficulties are not expected to become more tensioned.
Due to the increase in minimum wages, the average household income is expected to increase by 3%. However, inflation came at 1.5% last…
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