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The EC has adjusted its expectations for growth of the Bulgarian economy

published on 7/7/21 8:07 PM

Photo: EPA/BGNES

The European Commission has revised its expectations for economic growth in Bulgaria this year. Brussels' summer economic forecast, published on Wednesday, there are expectations for economic growth of 4.6% in 2021 and 4.1% next year. In its spring forecast, the Commission forecast a 3.5% growth in the Bulgarian economy.

According to the analysis, despite the continuing restrictions on economic activity due to the pandemic, in the first quarter Bulgaria's real GDP grew by 2.5%, mainly due to personal consumption.

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Radio Bulgaria News economic forecast economic growth European Commission

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