Bulgaria: In search of sustainable growth | Eurobank
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Bulgaria: In search of sustainable growth

• GDP growth expanded by 0.9% in 2013 up from 0.6% in 2012 supported enitrely by net exports
• The external position of the country continued to improve in 2013
• The risk of deflation casts shadows on the growth outlook improvement in 2014
• Structural reforms are urgently required to boost the medium term growth prospects
• Under the projected growth differentials with EU, full income convergence will be achieved in four decades