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EC: Slow recovery of Bulgarian economy in 2021

Photo: library

Bulgaria's economy is expected to grow this year by 2.7% of GDP after a decline of 4.9% of GDP in the first year of the pandemic, while in 2022 the pace will reach 4.9% of GDP, which is one of the highest in the EU.

However, the Bulgarian tourism sector must accept that the summer season would be a repeating of that of 2020.

This is the forecast of the European Commission, published today in Brussels and quoted by dnevnik.bg. The forecast is accompanied by a warning that expectations might not be met because of risks related to the development of the disease and delayed supply of vaccines.



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