БЪЛГАРСКИЯТ ИЗНОС В КОНТЕКСТА НА ДЪЛГОВАТА КРИЗА В ЕВРОЗОНАТА
BULGARIAN EXPORTS IN THE CONTEXT OF EURO AREA DEBT CRISIS

Summary/Abstract: Granger causality test is used with variables Euro area GDP, GDP of Bulgaria and exports of the country. The testing is made with two samples of data to confirm the hypothesis in the paper that the Euro area debt crisis is affected negatively the economy of Bulgaria and limited the economic growth, due to violated relationships between Euro area GDP, GDP of Bulgaria and Bulgaria’s exports, as well as to confirm the thesis in the research - the need to diversify Bulgaria’s export markets.

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