The Economist: Bulgaria's GDP to Grow 2.5% in 2016

Bulgaria's economy is set to grow 2.5% in 2016, The Economist has estimated.

Macroeconomic data of the Economist Intelligence Unit (EIU) suggest inflation will be at 1.6%, and per capita GDP will be USD 6710.

The 2.5% forecast suggests the Bulgarian GDP will grow exactly as much as that of Hungary and Spain and much less than Romania (3.9%). Greece, on the contrary, will see its economy shrink by 1 percent.

Germany's gross domestic product will increase by 1.8%, and Britain will once more be the driving force of EU growth with 2.2%.

Despite "uncertainty" in Boyko Borisov's government caused by the support of nationalists and "center-left" parties it depends on, the PM is doing better than he did in his previous (2009-2013) tenure in his effort to revive the economy, the Economist says.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!