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EMU : FIRST CONVERGENCE REPORTS FOR BULGARIA AND ROMANIA.

Publication: European Report
Publication Date: 06-MAR-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: EMU : FIRST CONVERGENCE REPORTS FOR BULGARIA AND ROMANIA.(European Union. European Commission)(Statistical data)

Article Excerpt
The European Commission is to adopt on 7 March the first two Convergence Reports submitted by Romania and Bulgaria since their accession to the EU on 1 January.

Bulgaria: Sofia is counting on particularly strong growth between now and 2009 (5.9% in 2007, 6.2% in 2008 and 6.1% in 2009), pretty much in line with the Commission's forecasts. After the boom experienced in Bulgaria prior to its accession to the EU, inflation is expected to...

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