site.btaEuropean Commission Forecasts Bulgaria's Economic Expansion to Slow Down in 2023, Pick Up in 2024
European Commission Building in Brussels (BTA Photo)
Bulgaria's economic growth is expected to slow down to 1.5% in 2023 and pick up again to 2.4% in 2024, the European Commission said in its spring economic forecast published on Monday. Bulgaria's export growth is also expected to slow down this year due to a slowdown in demand abroad and "country-specific factors with one-off effects", the forecast shows.
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