Unemployment Hits Ten Year Low in Bulgaria.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c46472) has announced the addition of Bulgaria Country Report to their offering.

The report tracks major macroeconomic indicators and developments in different economic sectors in Bulgaria and can be fully relied on. Prepared by local analysts, it provides the most accurate data, corrected and updated regularly according to the data changes noted by the whole range of statistical sources. It would save the time you would need to track hundreds of figures and sources independently.

Highlights of the Report:

Unemployment drops 1.5pps y/y to 10-year low of 10.36% at end-November;

Consumer price Inflation further accelerates to 6.9% y/y in November; may exceed 8% y/y in early 2006;

Budget surplus seen at 2.6% of GDP in 2005 after reaching 4.3% of GDP in Jan-Nov;

Budget 2006 adopted in parliament: full-balance target confirmed amid expectations for strong overshooting;

CA deterioration slows in October but annual gap remains threatening; Net FDI cover 65% of CA gap while foreign reserves retain sound performance;

Moody's reviews sovereign rating for possible upgrade;

Credit growth slows to 32.5% y/y at end-November as bank intermediation approaches 75% of GDP;

New major stakeholders enter EIBank and UnionBank;

Bulgargaz rejects Russia's bid for gas deal changes; opts for speeding up Nabucco project;

Electricity Company becomes fourth largest power exporter in Europe;

Bidding deadline for Belene nuclear project extended to Feb 1;

European Parliament adopts progress report for Bulgaria; Austria backs country's timely accession upon takeover of EU term presidency;

Government withdraws troops from Iraq

For more information visit http://www.researchandmarkets.com/reports/c46472