"GDP growth to reach 6.2 pct"

UniCredit Group has estimated that the average growth rate of the Serbian GDP by 2010 will amount to 6.2 percent.

Izvor: Tanjug

Tuesday, 29.07.2008.

13:48

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UniCredit Group has estimated that the average growth rate of the Serbian GDP by 2010 will amount to 6.2 percent. This projection is above the average figures for the region of southeastern Europe. "GDP growth to reach 6.2 pct" Economists with UniCredit expect a relatively high growth rate of the GDP regionally, with 6.8 percent in Romania, 6.2 percent in Serbia, six percent in Bulgaria, 5.8 percent in Bosnia-Herzegovina, and four percent in Croatia. The high deficit in the balance of payments, the dependence of the growth on outside sources of investments, and growing inflation pressures indicate that southeastern Europe is exposed to similar challenges as the Baltic states. There, the report said, the economic situation has deteriorated due to a constantly increasingly poor macroeconomic balance, severe conditions of financing, and an overheated real estate market.

"GDP growth to reach 6.2 pct"

Economists with UniCredit expect a relatively high growth rate of the GDP regionally, with 6.8 percent in Romania, 6.2 percent in Serbia, six percent in Bulgaria, 5.8 percent in Bosnia-Herzegovina, and four percent in Croatia.

The high deficit in the balance of payments, the dependence of the growth on outside sources of investments, and growing inflation pressures indicate that southeastern Europe is exposed to similar challenges as the Baltic states.

There, the report said, the economic situation has deteriorated due to a constantly increasingly poor macroeconomic balance, severe conditions of financing, and an overheated real estate market.

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