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The credit rating of Bulgaria improves in comparative perspective
The big news from yesterday, Friday, January 13, 2012 is the reduction of the credit rating of 9 Eurozone members, among which France and Austria, which lost their AAA rating. The dynamics of interest rates on government bonds, the several not so successful auctions and the rising price of credit default swaps (CDS) reveal...
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Financial wealth increased while non-mortgage debt shrank
Industry Watch distributed among its subscribers the regular quarterly report “Personal Assets in Bulgaria: Financial Wealth and Housing Market, Q4 2011”. Here, we present You with the highlights of our research.
The financial wealth of the population increased to BGN 42.6 billion (EUR 21.5 billion) as of end-Septem...
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Subcription for Industry Watch reports in 2012
The global financial crisis in 2008 and the subsequent recession in advanced economies showed how important it is to be aware of the risks, stemming from the ongoing monetary and fiscal policies.
It also came clear that although in the short run markets are influenced by “animal spirits”, in the end the fundamental ...
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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...
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Economic Development of Past Few Days: Brief Commentary (in Bulgarian)
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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...
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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...