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.
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
The damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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