World Bank Forecasts 1.8% Growth for Bulgaria in 2014Finance | December 19, 2013, Thursday // 13:43| views
The World Bank predicts a 1.7% economic growth for Bulgaria in 2014.
In a report on the economic growth of the 11 EU member states who entered since 2004, the World Bank forecasts a slightly lower than average growth for Bulgaria.
The average growth for these countries in 2014 will be 2.3%. The highest growth is expected in the Baltic countries, between 3% - 4.2%.
The World Bank's prediction is almost identical to that of the Bulgarian government, which envisions a 1.8% GDP growth.
The European Commission predicts a 1.5% growth for Bulgaria, while the European Bank for Reconstruction and Development (EBRD) is more optimistic, with 2%.
As a whole, 2014 is expected to be an year in which most EU countries will climb out of the recession.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!