Out of this crisis. Slow go

There is no reason for great joy, but the recovery in Europe is a fact, analysts reported
Albeit slowly, Europe has started to come out of the crisis. This analysis says the Confederation of European Business, headed uneven path to recovery.
According to the conclusions it has already reported the first signs of recovery, but exit from the deepest recession since the Second World War will be long and difficult. Analysts see no cause for joy uneventful, given the fact that currently there is no sustainable basis for lasting growth.

Forecasts show it to them. According to the findings of the report by the end of 2009 the European economy will shrink by 3.9%, while growth next year will be modest 0.7 percent.
Long-term consequences of the crisis are expected especially in terms of investment, employment and public finances.
The forecast for Bulgaria is the country’s economy to shrink by 3.9% this year and then rise by 1 percent in 2010

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Finance

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