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Transport Infrastructure In Romania And Bulgaria

1. Growth of the GDP:

The annual growth of the Bulgarians’ GDP was around +2.1% in 2006 (Source: Eurostat) and the Romanian’s GDP’s growth is +4.1% (Source: Eurostat). The trend is an increase of the GDPs’ growth in this country since 2000 until 2006.
After a devastating crisis in 1997, Bulgarians’ governments did a lot of reforms (trade liberalization, social reform, divestiture of state-owned companies,…) in order to improve the productivity, the foreign and local investors confidence.

Moreover, the minimum wage increased this year from 65 to 90 € in Bulgaria. In Romania, the minimum wage is around 110 €. So, the employees costs increased, but these wages are the lower of the EU. We can differentiate 3 group in Europe for the minimal wage : Bulgaria and Romania are in the lower group, which included Latvia(172 €), Lithuania (173€), Slovakia (217€), Estonia(230€), Hungary(257€), Poland (245€) and Czech Republik (288€) (Source: Eurostat).
So,......


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Approximate Word Count: 1471
Approximate Pages: 6 (250 words per double-spaced page)

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