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Balkan developments

Serbia buys Rafale fighter jets from France for EUR 2.7 billion Serbia will purchase 12 new Rafale fighter jets—9 single-seat and 3 two-seat models—from the French company Dassault Aviation for a total of EUR 2.7 billion. This became clear..

30.08.24 12:00 |

EBRD cuts 2022 GDP growth forecast for Bulgaria

The European Bank for Reconstruction and Development has lowered its forecast for Bulgaria’s GDP growth, because of the war in Ukraine. EBRD expects that Bulgaria’s gross domestic product will rise 2.8% in 2022, a downward revision of the 4.4% growth..

01.04.22 11:07 |

European Bank for Reconstruction and Development cuts its forecast for Bulgaria over low vaccination rate

The European Bank for Reconstruction and Development, EBRD, is forecasting that the economy of Bulgaria will grow by 4.2% in 2021, compensating for the 4.2% drop in 2020. This means the EBRD has cut down its June forecast for a 4.5% GDP growth by..

04.11.21 10:53 |

EBRD concerned over personal bankruptcy law

The European Bank for Reconstruction and Development, EBRD, has expressed concern over the proposed amendments to the law of obligations and contracts . The amendments, which have already been approved by parliament at first reading, impose a..

29.07.20 12:55 |

Bulgaria’s economy will contract by 5% in 2020: EBRD

Bulg aria’s economy will contract by 5% in 2020, the European Bank for Reconstruction and Development forecasts. In 2021, this country's economy may rebound quickly, but it all depends on easing the measures against the spread of Covid-19 and the..

13.05.20 10:10 |
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