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3/17/09

Forbes.com/Reuters: Bulgaria financially more stable than neighbours says EBRD

For the complete report from Forbes.com click on this link

Bulgaria financially more stable than neighbours says EBRD

Bulgaria is financially more stable than some of its neighbors but its economy would be deeply affected by the global downturn, the European Bank for Reconstruction and Development (EBRD) said on Tuesday. 'There can be no doubt that Bulgaria will be deeply affected like the other countries in Europe...by the downturn of the real economy,' Thomas Mirow, EBRD's president, told reporters during a visit to Sofia.

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