LM Legal Services Blog

According to professor Minasian, it is likely that the Bulgarian economy might suffer a mini-recession in 2009 similar to the one in the much bigger economies, but in a much smaller scale.  There are investments in the Bulgarian economy and they lead to an increase of the total demand, however, the increase of the GDP is not that fast the levels remain modest. The only logical conclusion is that the investments do not generate the necessary economic growth as they are not in production but in properties.