GDP: Real GDP is expected to grow at 4.4% in 2010 and 4.6% in 2011. Still, it will not reach the level of 2007.
Fiscal Indicators: Consolidated fiscal deficit might be lower than currently expected 3.8% of GDP in 2011 due to cautious government policy on spending. The estimates of fiscal revenues and expenditures are likely to be downgraded against the background of approved Tax Code and State Budget Law for 2011.
