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Economic growth expected in the Balkans

Regional info/economyPosted by Uvner Business Consulting Thu, February 27, 2014 10:30:52

Economic growth in most countries in the Balkans will accelerate this year, according to the World Bank's latest Global Economic Prospects report. Albania's GDP will increase by 2 percent compared to 1.3 percent in 2013. Expected growth in Bosnia and Herzegovina is 2 percent vs 1.5 percent; in Bulgaria it will be 1.7 percent vs 0.6 percent; in Macedonia, 3 percent vs 2.5 percent; and in Montenegro 2.5 percent compared to 1.8 percent last year. Economic growth in Romania will remain unchanged at 2.5 percent, while in Serbia it will slow to 1 percent from 2 percent in 2013. Turkey is also expected to register a lower GDP growth of 3.5 percent compared to 4.3 percent last year. (SETimes.com)


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