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Bulgaria Economy

The head of Sidon’s Chamber of Commerce Wednesday called for cooperation with the Bulgarian Lebanese Business Council to enhance the trust of Bulgarian consumers in Lebanese food products to increase exports.

The economy of Bulgaria is an industrialised, free market economy with a small public sector and a moderately advanced private sector. Bulgaria is an upper-middle-income country according to the World Bank with a gross national income per capita of US$ 5,490 in 2008. The country is expected to join the Eurozone in 2013 and has implemented all criteria for joining the Schengen Area according to the European Council.

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