Home » Business

The crisis halted estate constructions for 1,5 billion Euro

Submitted on Friday, 23 January 2009No Comment

The international crisis will have it’s effect in Bulgaria in may, because the winter is a traditionall weak period in Bulgaria, predicted Ivan Boikov – chief executive of the Chamber of builders in Bulgaria for the latest issue of the weekly “Economics life”.

Despite the troubled times, he thinks that there will be a minimum growth of 4 to 5%.

The growth, however, will come from operative programs, infrastructure projects and the investition program of the government, specified Boikov.