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Industry Watch: Bulgarians Financial Wealth Up by 11% Y/Y
INDUSTRY WATCH: BULGARIANS FINANCIAL WEALTH UP BY 11% Y/Y
Date: 15/12/2010
Source: novinite.com
Industry Watch: Bulgarians Financial Wealth Up by 11% Y/Y

Bulgarian households' financial wealth has increased by nearly BGN 4 B over the past year, according to Sofia-based consultancy Industry Watch.

Industry Watch's report "Personal Assets in Bulgaria: Financial Weatlh and Housing Market, Q3 2010" indicating that at the end of November 2010, Bulgarians' assets were worth a little more than BGN 38 B.

The Financial assets of the population have increased by 11% y-o-y due to the increased propensity of households to save. However, the report shows that the situation with the employment market in Bulgaria remains unstable, with the unemployment decrease under the course of the last couple of months being not a tendency, but a seasonal phenomenon.



Topic: Business



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Silistra is a lovely, tranquil and picturesque city on the bank terraces where the river leaves Bulgarian territory.The hills afford a lovely view of the city, the river with the islands, the Romanian bank across and the vast Wallachian plain beyond. This small area is a horn of plenty. It is Bulgaria's biggest apricot orchard.

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