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Bulgaria: Output recovery accelerated in Q4:2010

Emerging Markets Special Focus Reports

02 Μαρτίου 2011

• Bulgaria exited recession in 2010, with real GDP growth accelerating to 0.3%, after contracting by 5% a year earlier
• Deputy Prime Minister, Symeon Djankov, stated that Bulgaria is not planning a Eurobond issue to finance this year’s budget deficit
• In its latest progress report on Bulgaria, the European Commission cited partial progress made in judicial reform and the fight against organized crime, urged government to maintain reforms momentum

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