The growth of domestic consumption of the Republic of Bulgaria portends positive growth of the local economy, which in turn also tells about the developed business sector of the country. According to analysts, the growth in the region for 2014 will amount to slightly more than 1.8%, one percent more than the current year.
Meanwhile, the Finance Minister said that economic growth of the state will be achieved without budget cuts, the opposite result source will be directed fiscal policy, which has already proved its effectiveness. Therefore, it should be noted that the reduction in the budget deficit within the stabilization of cooperation with the EU will not only increase the ranking of Bulgaria, as a young European state, but also heralds the unprecedented growth of demand for the leading industries, namely tourism and real estate in the region.
