Asset
Analysis: Why Europeans should lose sleep over Italy and not Turkey?
The financial net worth of the general government sector is the total value of its financial assets minus the total value of its outstanding liabilities. Positive financial net worth signals the strength and health of public finances. It also shows the government will be able to continue its policy programs without experiencing financial stress.
Bulgarians have Greater Financial Assets than Russians, Romanians and Turks
Bulgarians have greater financial assets than Slovaks, Russians, Romanians, Turks and Serbs. Regarding the net financial assets per capita, our country ranks 38th out of 53 countries worldwide with a result of 7680 euro per person. For the gross amount, Bulgaria is down one position with a result of 9760 euros, the latest edition of the Allianz Global Wealth Report shows.
State prepares to launch its asset register
Greece's asset register is expected to have launched operations by the end of the first quarter of next year, although not in all areas that it is finally expected to cover. It is destined to include all the properties that each taxpayer owns. Greeks who conceal revenues, properties and other assets of high value will face huge fines if caught out by the authorities.
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For 10 Years, Households' Financial Assets in Bulgaria Jumped Threefold
The total financial assets of households and non-governmental organizations in the European Union have reached € 33 850 billion in 2016, Eurostat data show. They include mainly insurance, pensions and other similar instruments (38.8% of all), currency and deposits (30.4%), shares and units in investment funds (25.2%).
Investment Funds in Bulgaria Increase Assets under Management by 13% Y/Y in 2015
The assets managed by resident and non-resident investment funds operating in Bulgaria totalled BGN 2.22 B as of end-December 2015, increasing by 13.2% year-on-year, the Bulgarian National Bank (BNB) announced on Friday.
Industrial Establishments in Bulgaria to Cut Investments by 30.4% in 2015
Industrial establishments plan to cut investments by 30.4% on an annual basis in 2015, according to data provided by Bulgaria's National Statistical Institute (NSI).
According to a survey conducted among industrial establishments in March 2015, expenditure on acquiring fixed tangible and intangible assets in industry increased by 3.9% on an annual basis in 2014.
Turkish economy heading towards a crisis
A market economist friend lamented to me on March 4 that all she could think about was the exchange rate. She was exhausted from talking to clients on the impact of the lira?s depreciation on the Turkish economy, and claimed that Turkey was heading for a crisis.
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Turkey's external gaps growing rapidly
Turkey?s foreign liabilities have jumped by $41 billion while the rise in its foreign assets remained at $4 billion, revealing the vulnerabilities of the country The ?equilibrium? situation in countries? relations with global economy has vital significance.
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Bulgarian Industrial Enterprises to Cut Investment by 6.3% Y/Y in 2014
Industrial establishments plan to cut investments by an average 6.3% on the year in 2014, according to a survey of Bulgaria's National Statistical Institute (NSI).