The unemployment in Bulgaria will remain above 12%

Bulgaria · Economic Forecast

Unemployment to Stay Above 12% for Two More Years

Unemployment in Bulgaria will remain above 12% for at least the next two years, and real income will grow only at a slow pace. Even if the government increases the budget deficit, this will probably not be enough to overcome the stagnation in domestic demand.

Where this comes from
Unicredit Bulbank’s Regional Outlook

These are the forecasts from Unicredit Bulbank’s quarterly report on the Central and Eastern European economy, published on Monday.

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