October 25 (SeeNews) - Italy’s UniCredit group expects a robust economic growth of more than 5.7% real in Bulgaria, Romania and Slovenia in 2007, which would slow in the next two years, the group said on Thursday in its latest report on central and eastern Europe (CEE).
Following are details from UniCredit's macroeconomic forecasts for 2007, 2008 and 2009:
BULGARIA
(change from the previous year in pct) |
2007 |
2008 |
2009 |
Real GDP growth |
6.2 |
6.2 |
6.0 |
CPI (avg annual) |
7.4 |
5.2 |
4.1 |
Budget balance (as pct of GDP) |
3.0 |
2.0 |
2.0 |
Unemployment rate (avg annual) |
7.3 |
6.5 |
6.0 |
C/A balance (pct of GDP) |
-17.6 |
-16.8 |
-15.0 |
Gross foreign debt (pct of GDP) |
81.0 |
86.0 |
89.5 |
FDI inflow (as pct of GDP) |
15.0 |
13.0 |
9.5 |
ROMANIA
(change from the previous year in pct) |
2007 |
2008 |
2009 |
Real GDP growth |
5.8 |
5.5 |
5.0 |
CPI (avg annual) |
4.3 |
4.1 |
3.9 |
Budget balance (as pct of GDP) |
-2.5 |
-2.3 |
-2.2 |
Unemployment rate (avg annual) |
4.3 |
4.2 |
4.2 |
C/A balance (pct of GDP) |
-12.8 |
-12.0 |
-11.0 |
Gross foreign debt (pct of GDP) |
30.3 |
31.9 |
33.8 |
FDI inflow (as pct of GDP) |
5.0 |
4.4 |
3.9 |
SLOVENIA
(change from the previous year in pct) |
2007 |
2008 |
2009 |
Real GDP growth |
5.7 |
5.0 |
4.7 |
CPI (avg annual) |
3.2 |
2.8 |
2.3 |
Budget balance (as pct of GDP) |
-0.6 |
-1.5 |
-1.2 |
Unemployment rate (avg annual) |
5.0 |
4.8 |
4.7 |
C/A balance (pct of GDP) |
-3.0 |
-2.8 |
-2.6 |
Gross foreign debt (pct of GDP) |
96.5 |
100.8 |
104.7 |
FDI inflow (as pct of GDP) |
2.1 |
1.9 |
1.6 |