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IwatchBulgaria.com - News
Household financial wealth and the housing market in Bulgaria, Q3 2011
Industry Watch distributed among its subscribers the quarterly report “Personal Assets: Household Financial Wealth and the Housing Market, Q3 2011". Here are the highlights of the report.
The household financial wealth increased to BGN 41 billion as of end-June 2011. Compared to the previous quarter, notably increase...
Greek Deal and Effects for Bulgaria
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New report by Industry Watch: Sustainable recovery or new recession: Macro risks and prospects for main industries in 2011-2012
The European Union is the main trade partner of Bulgaria so the Bulgarian economy follows in the footsteps of the EU market recovery. At the end of 2010 the GDP of Bulgaria started recovering gradually but it was only export-driven. At present it is of utmost importance whether Europe is steadily leaving the crisis behind or a r...
Interest rates on deposits fall in Bulgaria, rise in the Eurozone
The banking market in Europe has seen an interesting trend in recent months. In 15 of the 27 member countries of the European Union interest rates on time deposits decreased compared with the levels from 12 months prior. The remaining 12 countries registered increases in the cost of funding during the last year.
The most signif...
Taxes on labor in 2011
Industry Watch has presented its regular tax-insurance calculator. The tool that helps you estimate taxes on labor for 2011 is available at tax.iwatchbulgaria.com
We define the tax-insurance burden (or tax wedge) as the share of mandatory social secutity contributions and personal income tax in the total labor costs. In 2010 th...
Personal assets and housing market in Q3 2010
Industry Watch distributed among its subscribers the quarterly report "Personal Assets in Bulgaria: Financial Wealth and Housing Market". Here are the highlights of the report.
In the last month fears of the emergence of a new fiscal crisis in Portugal, Spain, Italy and other indebted countries have intensified...
Open budget initiative 2010: International index of budget transparency
Bulgaria reported small decline in the budget transparency and is still far from the best examples for budget transparency in the world, according to the announced on Oct. 20th Open Budget Initiative 2010.
By one percentage point - from 57% to 56% declined the budget transparency in Bulgaria. Accordingly, Bulgaria is not among ...
Personal Assets in Bulgaria and the Housing Market in Q2 2010
Household financial wealth continued to increase, exceeding BGN 37 billion as of end-June 2010. The growth rate of the personal assets of Bulgarians accelerated again to over 10% annually.
Total household indebtedness to banks, leasing companies and specialized credit companies fell by 3% annually. Increased savings in combin...