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Bulgaria had the second highest amount of industrial orders in EU in August

26. October, 2011

According to the Eurostat data, Bulgarian industrial orders have jumped by 25.3% on the year in August which placed the country on the second place in European Union, after Estonia. Since the beginning of 2011 Bulgarian orders registered growth on monthly basis which exceeded the average rate on increase in order for the EU. However, economists predict that the Bulgarian economy will contract during the last months of 2011 as a result of uncertainty and potential second recession in the entire European Union.