10/13/08

Bulgarian Economy Next Year – Foreign ... Financial Crisis To Hit

Financial crisis to hit Bulgarian economy next year – Foreign ... "Bulgarian exports, which for the first time this year grew so fast to outpace imports, will most probably ... Bulgaria Guide · Sofia Guide · Business Guide ... In addition, in times of financial insecurity FDI is slowing, which is a very objective process, Kalfin said.Yet the process will run in parallel with slowing inflation in what will be the natural result from the governmental measures to this effect. The minister is confident the package seeking to stem inflation through a cut in public expenditures and stimulating competition through improved market mechanisms, will appease the market. As of end-August, Bulgaria's trade balance came in at 8.3 billion leva. Any unauthorised reproduction or use of these materials is strictly forbidden.

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