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Industry Watch poll of forecasters envisages 5.7% economic growth in 2008.
2007 Growth RatesGDP 5.8Consumer prices 4.9Investments 16.4Exports 9.9Imports 13.2Budget surplus (% of GDP) 2.32008 Growth RatesGDP 5.7Consumer prices 3.9Investments 15.0Exports 10.2Imports 12.1Budget surplus (% of GDP) 1.6... -
State Employment Limits Labor Supply of the Medium Skill-Set.
Over 37% of the registered employment is at positions, which might be termed “medium skillset”. The overall number of “basic” and “medium skillset” positions at least 56% of total registered employment.Thus, investments in new capacities will be dependent primarily on the access to labor for basic jobs (unqualified) and for medi... -
Material Goods Imports in 2006.
Of those however, only 219 million must be attributed to durable consumer goods. Meanwhile imports of investment goods rose by close to 800 million euro.Imports of raw materials and energy resources was the fastest to rise – with a total change of 2.1 billion euro last year. Bulgaria’s international integration is happening main... -
Industry Watch released its regular report on cost of labor (Biggest Cities Review, Fall 2006).
From the demand standpoint, state administration would “steal” not that many specialists but rather a lot of people suitable to medium skill-set positions – i.e. personnel that is not required to possess any specialized knowledge, but rather basic skills like good communication, certain knowledge of English, quick adaptability, ... -
Effects of Trakia Highway Completion.
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Foreign capital inflow grows faster in 2006
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Industry Watch released its 2007 forecast report (available for subscribers for download)
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Our latest report on cost of labor sees Plovdiv labor 25% cheaper than Sofia.
A new feature of the regular report on cost of labor “Biggest Cities Review” – a joint research with the survey agency “Vitosha Research” – is the regional comparison between the wages of the medium skill-set workers. Medium-skill set refers to the job positions which require certain skills and abilities (but no specialized know...