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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...
Internal demand as growth engine
In recent months, gaining popularity is the idea that, despite the rapid growth of exports, there can be no sustainable economic growth without a recovery of the still "weak" domestic consumer demand. Domestic demand is not insulated from the impact of external factors, on the contrary. Expansion of employment, wage gr...
Financial wealth and housing market, Q1 2011
Industry Watch distributed among its subscribers the regular report "Personal assets in Bulgaria: Financial wealth and the housing market, first quarter of 2011" Here are the highlights of the report.
The increase of prices, particularly of food and other necessities, has limited the saving opportunities for Bulgari...
New Video: On big inflation and how to rescue our savings
Идва ли голямата инфлация и как да опазим парите си? from votx on Vimeo....
The place of the Bulgarian capital market in Europe in the aftermath of the crisis
А number of measures, including the sale of the Bulgarian Stock Exchange to a strategic foreign investor, which could attract more foreign institutional investors, have been publicly discussed in the recent months. From this perspective, it is useful to examine the state and dynamics of the Bulgarian stock market in relative ter...
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...
The time of glocal inflation
The term "glocal", stemming from the terms "global" and "local", is usually used to describe a global event or process of local significance. This notion fits very well with the recent inflationary dynamics throughout the world and the dichotomy of mature economies such as the US, experiencing below...
Regular report on cost of labor, H2 2010
In late December 2010, Industry Watch subscribers received the new issue of the regular report on cost of labor Biggest Cities Review.
Total employment in Bulgaria shrank to under 3.1 million people in the 12 months to September 2010. That is a decline of 213,000 jobs compared to a year ago and 272,000 jobs less than 2008 which...