Economy of Bulgaria

The Bulgaria underwent an economic serious attack in 1996-1997 and passed under the supervision of the Fonds international currency, which imposed severe restrictions and many privatizations to him.

During the decade 2000, the country knew a considerable economic growth with a view to its adhesion to the European Union. In 2004, the growth amounted to 5,6% and unemployment passed from 12 to 18% concerning mainly of the discriminated categories as the gypsy S. direct foreign investments (IDE) reached a record with 2,1 billion euros, that is to say 10% of the Bulgarian GDP. Country satisfied the Criteria of Copenhagen with a national debt lower than 40% of the GDP, a budget in surplus, with only a Inflation gone up to 5,5%. The standard of living remaining low and of the strong inequalities, the government increased by 7% the retirements, of 5% the wages of the public sector and revalorized the minimal wages from 50 to 75 € per month, which was worth the lightnings of the IMF at once to him.

The country profits from establishments of companies interested by weak the Salaire S, but remains penalized by its weak Productivité, as well as the emigration of its graduates. The real sector knew a strong progression since 2006.

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