Bulgarian property buyers ready to spend more than 1 mil еuro on a home

There are Bulgarian buyers looking for properties exceeding 1.2 million euro in price, said Dobromir Ganve of Foros. Still, foreigners account for 15 to 20 per cent of property buyers in the country, but they hold a 50 per cent share of all the funds invested.Though Brits are

Bulgaria Signs Agreement with the World Bank

On 12 June Bulgaria will sign an Agreement with the World Bank for additional funding of the project for Social investment and employment promotion. The document will be signed by the regional Vice-President of the World Bank Shigeo Katsu, Bulgarian Minister of Finance Plamen

New research has found that the downturn in the US property market

Property prices around the world are continuing to rise despite a slowdown in America, according to new research by Knight Frank. The agent found that Latvia is the country with the strongest house price growth of 61.2%: 1,600 transactions took place on apartments in Riga

Tourism office in Moscow

Bulgaria will open its first national tourism office in Russia’s capital Moscow, as part of the agreement between the countries for tourism co-operation. Russia’s State Agency for Tourism will render its full assistance for the creation of

Commercial property market in Bulgaria to grow by 300 per cent

The commercial property market in Bulgaria is expected to grow by 300 per cent in the next three to five years, Colliers Bulgaria real estate agency head Atanas Garov said. Garov took part in a conference linked to the upcoming Balkan Property exhibition (BalPex), investor.bg

Private sector involvement increases Bulgaria's economic efficiency

The involvement of the private sector in various projects increases economic efficiency and lowers public expenditure, an Industry Watch report said.These reasons feature among the main pros of public-private partnership, the report said.Public-private partnerships in the sphere

First tourists for Summer Season 2007 already arrived in Sozopol

First tourists for Summer Season 2007 already arrived in Sozopol. The group is from Russia and will rest in the Bulgarian coastal town for 14 days, reported from the local Tourism Council. The early start of summer and the applications till the end of September promises one

Opposition in Bulgaria to work for non-confidence motion after mep elections

Ruling parties in Bulgaria have selected a campaign for the upcoming members of European Parliament (MEP) elections that fails addressing Bulgarian problems and the country’s EU entry, rightist parties said. Leader of the right-wing Union of Democratic Forces (UDF) Petar

Ruling party in Bulgaria offers policies update

The Bulgarian Socialist Party (BSP) will offer to its partners in the ruling tripartite coalition updates of economic and social policies. During an April 10 session, BSP’s executive council discussed party policies for the coming two years, BSP spokesperson Angel Naidenov

Socialist party calls for campaing tolerance

The Coalition of Bulgarian Social Democrats drafted an open letter calling for tolerance and respect during the upcoming members of European Pariament (MEP) elections in Bulgaria. The message was sent to the electoral headquarters of all parties and coalitions that will take

GDP in Bulgaria reaches 13.726 billion euro in the fourth quarter of 2006

Bulgarian GDP in the fourth quarter of 2006 reached 13.726 billion euro, National Statistical Institute (NSI) said. The gross value added consisting of national economy branches increased 5.2 per cent compared to figures for the same period of 2005. The share of industrial

Yet another property boom expected in Bulgaria and Romania

Though Spain and Greece remain attractive destinations for Italians looking for property abroad, Southern Europe also emerged as a possible market. Spain and Greece still offer good price to quality ratio, La Stampa newspaper reported. Bulgaria and Romania were to see yet