BULGARIAN ECONOMY GROWS
The growth of Bulgaria’s GDP in the first six months of this year of 7% is one of the highest in the E.U. Only Romania with growth of 9.3% and Slovakia with 7.6% have better results than Bulgaria.The added value is 12.994 billion levs which is equal to 6.7%.
The big surprise comes from the agriculture which has been decreasing until this year when it showed growth by 11.7% in comparison with the first half of last year. The added value of the plant growing has incresed by 25% according to the National Statistics Institute. At the same time the added value of the industry has increased by 7.2%, while the one of the services have increased by 5.8%.
The best performer is the chemical industry with an increase of 26%, financial services are in second place with 21%, while metal production is in third place with 20%. Construction industry has shown slower progres of just 7.7% in comparison with 11.7% in 2007. Only the textile industry has shown decrease of 3.5%.
Despite the recession, Bulgaria is still attractive to foreign investors. The investments have reached 34.8% of the produced GDP.
