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Unstable environment and weak orders continue to plague Bulgarian business

Photo: AP

In August the overall business climate indicator remained roughly at the level of July. An improvement of the economic situation has been marked in industry and services sectors, while a decline of the indicator has been reported in construction and retail businesses. Unstable economic environment, competition and insufficient demand continue to be the most serious problems for business development in this country. Most of the managers in Bulgaria expect that prices would remain unchanged over the next three months.



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