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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...
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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 ...
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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...
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Cutting government spending on mobile communications - a possible measure for fiscal discipline
More transparency in government spending on mobile communications could contribute to decreasing waste of public resources according to recent research by Industry Watch.
As of the moment considerable portion of government institutions do not disclose information on the government procurement in the Public Procurement Registe...
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Fiscal data for February shows alarming disbalance
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Personal assets in Bulgaria, Q1 2010
Under rising uncertainty about employment and income in the context of the still high real interest rate on deposits the saving rate in Bulgaria reached 20% of GDP by the end of 2009, compared with 16% in 2008. Bulgarians have 59 thousand deposits in banks, in excess of 50 000 leva, as their total sum amounted to 6.9 billion (or...
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Political Talks Aim at Higher Tax-Insurance Burden in Bulgaria
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Investments in high-risk assets stabilize
Positive impact on individual investments in shares of Bulgarian public companies is coming from the upward price dynamics in the beginning of 2010 despite the lack of incentives from monetary or fiscal authorities. In this line of thoughts the stock exchange dynamics will be determined mainly by the attitude of external specula...