BULGARIA
Political opponents form coalition Government to end 2 years of political instability
Strong fiscal support, together with a still tight labour market and resilient exports, should help prevent a hard landing for the economy in FY:23
NORTH MACEDONIA
Despite headwinds from high inflation, rising interest rates and weak external demand, GDP growth should hold up, at 2.2% in FY:23, broadly unchanged from FY:22, underpinned by solid investment growth
APPENDIX:
DETAILED MACROECONOMIC DATA
REGIONAL SNAPSHOT: MACROECONOMIC INDICATORS & FINANCIAL MARKETS
Southeastern Europe & Mediterranean Emerging Market Economies: Bi-Weekly Report 6 - 19 June 2023