site.btaEuropean Commission Forecasts Bulgaria's Economic Expansion to Slow Down in 2023, Pick Up in 2024
![European Commission Forecasts Bulgaria's Economic Expansion to Slow Down in 2023, Pick Up in 2024](/upload/365351/P051254-263472.jpg?l=1000)
![European Commission Forecasts Bulgaria's Economic Expansion to Slow Down in 2023, Pick Up in 2024](/upload/365351/P051254-263472.jpg?l=1000&original=)
Bulgaria's economic growth is expected to slow down to 1.5% in 2023 and pick up again to 2.4% in 2024, the European Commission said in its spring economic forecast published on Monday. Bulgaria's export growth is also expected to slow down this year due to a slowdown in demand abroad and "country-specific factors with one-off effects", the forecast shows.
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