Bulgaria:Slow growth despite sold fundamentals

2/20/2014 - Report
ic_blogtagBulgariaBudgetBusiness ClimateCountry RiskCurrencyCurrent AccountDeflationTrade
Private consumption dragged down growth in 2013 as a whole but the recovery that began in H2 will continue in 2014.

Currency board not at risk. Deflation should give way to modest inflation during 2014.

Banking sector needs close monitoring. Public finances are favourable

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Bulgaria:Slow growth despite sold fundamentals - Report