Bulgaria: On the Moody’s review upgrade list | Eurobank
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Bulgaria: On the Moody’s review upgrade list

• Moody’s put Bulgaria’s sovereign “Baa3” rating on review in early April for a possible upgrade, citing its healthy fiscal position
• The general government deficit in ESA 95 terms came at 3.2% of GDP, better than the 3.6% initial estimate
• The continued industrial and exports recovery predisposes for a robust GDP reading in the first quarter of 2011 despite domestic demand concerns