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Bulgaria Finance Ministry Forecasts Economic Growth of 2,1 percent in 2009

by Sofia News Agency www.novinite.com


Bulgaria's Ministry of Finance forecasts a 2,1% economic growth in 2009, the Finance Minister Oresharski announced in Parliament Tuesday during the second reading of the 2009 draft budget. In his words, this was a moderately pessimistic forecast, and a new one most likely would be prepared in January 2009. Oresharski also pointed out the 2009 draft budget included a moderately optimistic economic growth forecast of 4,7% since the European Commission had predicted Bulgaria's economy would grow by 4,5%. The Finance Minister also said the 2009 draft budget included sufficient fiscal buffers, and that there was no reason for concern over the effects of the global financial crisis in Bulgaria. During the debates the leader of the rightist Democrats for Strong Bulgaria party and former PM Ivan Kostov insisted that the government reduce the expected income by BGN 1 B so that the taxes could be reduced in order to leave additional funds in the economy. Kostov believes the current draft budget would only further inhibit business development, and would contribute to the recession.

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Another amazing opportunity for you and your family – Bulgarian Dreams - RUS1534
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7300 EUR
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Area: 100 sq.m.
Price: 5900 EUR
Ancient Rock monastery 5 minutes away - House in Bulgaria - RUS1215
Brief: Large apartments for sale near Ruse
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Price: 37000 EUR
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Brief: Houses for sale near Ruse
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Price: 9800 EUR
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Area: 100 sq.m.
Price: 8800 EUR
Healthy and happy – Bulgarian Property - RUS1299
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Area: 80 sq.m.
Price: 17200 EUR
Where the sea starts from your window - Bulgarian Property near Cape Kaliakra - RUS1960
Brief: Land for sale near Balchik
Area: 12900 sq.m.
Price: 580500 EUR
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Get closer to mountain - Bulgarian Property -RUS1402
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Price: 9200 EUR
Mas Que Nada (More than anything) you ever wanted! – RUS1580
Brief: Houses for sale near Ruse
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Price: 59000 EUR
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Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 25500 EUR
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Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 7200 EUR
One sweet day... - RUS1254
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12000 EUR
The perfect one - RUS1260
Brief: Houses for sale near Ruse
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Price: 17900 EUR
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