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Country Forecast Bulgaria Updater

  • ID: 2101573
  • August 2015
  • Region: Bulgaria
  • 16 Pages
  • The Economist Intelligence Unit

Political stability will remain under strain after a snap poll in October 2014 in which the centre-right Citizens for European Development of Bulgaria (CEDB) came first, but fell well short of an outright majority.

The new ruling coalition, comprising the CEDB and the centre-right Reformist Bloc (RB), depends for its parliamentary majority on the support of the nationalist Patriotic Front (PF) and the centre-left Alternative for Bulgarian Revival (ABR). Given the differences in outlook between the parties and the potential for serious disagreement over policy, the government may not be able to serve out its full four-year term.

The ruling coalition has embarked on a policy of fiscal consolidation, but it will not pursue expenditure cuts at the same pace as the previous CEDB government, in order to avoid the mass protests that led to that government's resignation in early 2013. The new government will also promote economic growth, relaunch privatisations and improve the business environment.

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Country Forecast Bulgaria Updater

Country forecast overview: Highlights

Country forecast overview: Key indicators

Country forecast overview: Business environment rankings

Country forecast overview: Bulgaria's business environment at a glance
Policy towards private enterprise and competition
Policy towards foreign investment
Foreign trade and exchange controls
Taxes
Financing
The labour market
Infrastructure

Fact sheet

Outlook for 2015-19: Political stability

Outlook for 2015-19: Election watch

Outlook for 2015-19: International relations

Outlook for 2015-19: Policy trends

Outlook for 2015-19: Fiscal policy

Outlook for 2015-19: Monetary policy

Outlook for 2015-19: Economic growth

Outlook for 2015-19: Inflation

Outlook for 2015-19: Exchange rates

Outlook for 2015-19: External sector

Data summary: Global outlook

Data summary: Gross domestic product, current market prices

Data summary: Gross domestic product, at constant prices

Data summary: Gross domestic product by sector of origin

Data summary: Growth and productivity

Data summary: Economic structure, income and market size

Data summary: Fiscal indicators

Data summary: Monetary indicators

Data summary: Employment, wages and prices

Data summary: Current account and terms of trade

Data summary: Foreign direct investment

Data summary: External debt

Data sources and definitions
Global data
Domestic data
Abbreviations

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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