GLOBAL & REGIONAL FOCUS NOTES
Bulgaria: On the verge of joining the Eurozone
Structural challenges for medium-term economic growth
- Economy has significantly converged with the EU average in the last 20 years
- Still, chronic structural weaknesses (institutional, social, technological, etc) persist, keeping the country at a distance from the EU core economies
- According to reputable institutions, the country lags mainly in government effectiveness, transport infrastructure, rule of law and...