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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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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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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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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....
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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...
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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...
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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...