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UNEMPLOYMENT WILL REMAIN ABOVE 12%

 

The unemployment in Bulgaria will remain above 12% at least for the next two years as well,

the real income will in any case grow at a slow pace and even if the government increases the budget deficit, this will probably not be enough to overcome the stagnation in the domestic demand.

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

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