Showing posts with label Bulgaria former Communist economy. Show all posts
Showing posts with label Bulgaria former Communist economy. Show all posts

Tuesday, August 3, 2010

Bulgaria former Communist economy

WSJr.nl


Bulgaria, a former Communist country that entered the EU on 1 January 2007, averaged more than 6% growth from 2004 to 2008, driven by significant amounts of foreign direct investment. Successive governments have demonstrated a commitment to economic reforms and responsible fiscal planning, but the global downturn is reducing exports, capital inflows, and industrial production.........