Emerging Europe Monitor RSS FeedEmerging Europe Monitor RSS Feed from Business Monitor InternationalMacroeconomic Forecast Bulgaria (South East Europe Monitor)- June 26, 2008 Bulgaria's current account deficit widened by 31.0% y-o-y during the first six months of 2008 to reach EUR3.8bn from EUR2.9bn for the same period a year earlier. The main factor behind the deterioration in the current account was a widening in the goods trade deficit which expanded to EUR4.3bn between January-June, significantly higher than the EUR3.3bn shortfall recorded in H107. We maintain our view that Bulgaria's current account deficit is set to expand further this year, with the full-year.http://www.emergingeuropemonitor.com/file/68534/Macroeconomic-Forecast-Bulgaria.html |