Expert analyses show that the drop in credit interest rates in Bulgaria played a crucial role in animating the real estate market in 2016.
More than half of the real estate deals in Sofia were made on mortgage loans, the share of purchases with outside financing continues its upward trend and experts are expecting demand for credits in 2017 to go up by 10-15 percent. All this is pushing real estate prices up. In Sofia the increase is by 7-10 percent, in the other large towns and cities in the country – by 4-7 percent.
Work accidents last year were 114 more than in 2023, while deaths decreased by a quarter, the National Social Security Institute reports. A total of 3,108 work accidents were declared during this period - most of them occurred at..
From the beginning of the year until March 10, the Employment Agency received more than 7,000 applications for access of citizens from non-EU countries to the Bulgarian labor market, a written response of the Minister of Social..
The summer tourist season in Bulgarian seaside resorts will officially open on May 31 in Pomorie, Minister of Tourism Miroslav Borshosh said in Burgas. “We are highly prepared to welcome it,” he added. The minister also..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
Over the next 24 hours, the weather will remain mostly cloudy. There will be short-term precipitation, temporarily intense and with thunderstorms in..
On Monday, the cloudiness will be mostly significant with short-term rain showers and light wind. The minimum temperatures will be between 6°C and 11°C,..
Overcast, rain