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Financial wealth increased to BGN 60 billion (EUR 30.7 billion) in 2014 despite growth in consumption
The financial assets that Bulgarian households own reached BGN 59.5 billion as of end-2014, while in 2015 Bulgarian households’ bank deposits exceeded BGN 40 billion. During the past year the financial wealth of Bulgarians increased by BGN 4.2 billion despite the crisis with Corporate Commercial Bank. These are some of the...
2014 will be the first year of sustainable growth in investments, consumption and employment
The annual GDP growth for 2014 will be between 1.4% and 1.5%, or similar to the expectations expressed by the Ministry of Finance and the European Commission for growth close 1.4% according to analysis by Industry Watch. 2014 will be the first year of steady growth in consumption, investment and employment after several years o...
New report: The contraband of tobacco products and the government budget - fiscal stability impact in Bulgaria and the EU
The government faces the challenge of maintaining fiscal discipline in an environment of zero inflation and minimal growth, combined with the compressed inflow of foreign investment and mediocre job creation. As total government revenue stagnation is inevitable under such circumstances, excise duty revenues are becoming more and...
Study of the fiscal impact of migration in EU
A new study with participation of Industry Watch economists sheds light on the fiscal impact of migrants within the EU. EU citizens living in the Netherlands, Germany, Austria and the UK contribute more than what they get from the social systems of the host country. During the period 2007 – 2013, in all four countries, E...
Invitation for a seminar-discussion "Perspectives and challenges on the labor market: Possible solutions for better employability"
Industry Watch would like to invite you to a seminar-discussion “Perspectives and challenged on the labor market: Possible solutions for better employability”. The main focus of the event will be the introduction of innovative tools for soft skills’ assessment, which will be implemented in Bulgaria for the fir...
Improving employability through new tools for soft skills
Industry Watch Group Ltd., in partnership with "Apricot Training Management (United Kingdom) and the Association of Licensed Vocational Training Centers implemented the project "Innovative system to improve employability through diagnosing soft skills", financed under OP "Human Resources ", Operation: ...
New analysis by Industry Watch: Challenges before the Bulgarian industry
Current macroeconomic developments: challenges before the Bulgarian industry (a summary of the latest Industry Watch analysis) Economic situation in Europe improved slightly in the second quarter, but progress is too unstable for now. Compared to the first quarter, the euro area recorded a GDP growth of 0.3% and the tota...
New Industry Watch report "The European economy in recession: the reaction of credit rating agencies"
In the regular annual macroeconomic report from the summer of 2012 we warned that most European economies are just beginning to show results induced by austerity measures and restructuring of the banking sector. Our analysis from June 2013 focused on the entry of Europe into a new recession and the related decline of key macroec...

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