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Private Sector Spends More Than It Earns!
Friday, May 16th, 2008
IMF (International Monetary Fund) has cut the forecast for Bulgaria’s economic growth. According to IMF the the raise will be of no more than 5.5% for 2008 and 4.75% for 2009. That was announced at a press conference yesterday by Albert Jaeger, chief of IMF mission in Bulgaria.
Mr. Jaeger also said that despite the concerning [...]