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Unprecedented growth
The Gepard ranking of the most dynamic small or mid-sized companies in Bulgaria in 2017 comprises more enterprises that at any time over the past four years
A lavish budget in election year
Government finance is set for a deficit in 2019 even though next year will likely be the last in the current positive economic cycle
Liberalization and competition are good for the poor, and they tend to understand it
Bulgarians opt for a welfare state that is not too strong
The big spending spree
Government expenditures are set to reach record heights in next year’s budget but distribution of the money is expected to be as inefficient a process as ever.
No immediate threats loom on the horizont
But social discontent from increasing social inequality could erode the support for ruling coalition in the mid to long term
EC remains moderately optimistic about Bulgarian economy in 2017
IMF raises Bulgarian GDP growth forecast by 0.1 pp to 2.9% in 2017
Is Bulgaria entering a debt spiral?
Since 2008 Bulgarian governments have failed to restrain the growing fiscal deficit, which could be a long-term problem for the budget