Bulgaria's GDP Growth Expected to Slow Down To 5.1% In 2009

Bulgaria's GDP this year is estimated to come to 6.2%, and to slow down to 5.5% next year, according to Еconomist Intelligence Unit (EIU) prognosis.

According to the research, GDP will decline even futher, and by 2009 it will stand at about 5.1%.
Inflation is also projected to slow down, dropping below 5%, and even reching 3% in 2009. This year inflation is expected to come to 6%.

The increase in import is likely to keep the high deficit on the country's current account over the present and the following year.

Еconomist Intelligence Unit also finds the split of the ruling tripartite colaition very likely in 2008 or 2009, which, on the other hand, can destabilize the country politically.

Experts think the GERB political party founded by Sofia mayor Boyko Borisob, which has gained a lot of popularity lately, could take 40% of parliamentary seats in case of early elections.

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