Tuesday, June 19, 2007

Bulgarian Economic Growth Accelerated in First Quarter on EU Investment

(Bloomberg) -- Bulgaria's economy accelerated in the
first quarter, driven by consumer spending and investment during
the first three months of European Union membership.

The Balkan country's $31.5 billion economy grew an annual 6.2
percent, compared with 5.7 percent in the previous three-month
period, the statistics office said in an e-mailed statement from
Sofia today. The result beat the median estimate of 6 percent by
five economists surveyed by Bloomberg.


Read more at Bloomberg Emerging Markets News

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