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Slower recovery in Bulgaria and Romania

RomaniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, April 27, 2011 12:30:56

Romania and Bulgaria's economies turn back very hard on growing, so that recovery from the crisis lasts longer in comparison with other countries in the region said Thursday, the president of the European Bank for Reconstruction and Development (EBRD), Thomas Mirow. The bank forecasts a 1.1% growth in Romania's GDP for 2011. The Balkans region remains vulnerable to risks generated by the sovereign debt crisis in Greece, as these states' economic recovery is slower than that of other Eastern European states, he added. Read more in hardviews.eu.

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