Saturday, February 02, 2008

So how is Bulgaria really doing?

A recent optimistic assessment from Europe is at:

However, the following is the view a friend who is actually on the ground: "While Bulgaria has some reasonable economic stats over the last decade for a country in transition, its just catch up - and, considering the recent entry to the EU, I would have expected more, quite frankly. I would have expected the odd year of 10%, and we are far from that. The people are still despondent, the politicians only interested in money (i.e. how to get it into their own pockets) and the current account is a real cause for concern - given the credit issues at present" Sphere: Related Content

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