Home prices in Bulgaria have gone up by 10.1% during the fourth quarter of 2023, compared to the fourth quarter of 2022, with the prices of new homes up by 10.5%, and of existing houses – by 9.8%, indicate National Statistical Institute data released today.
Compared to the third quarter, during the fourth quarter of 2023 house prices have gone up by 1.2%. The steepest price rise has been registered in Stara Zagora (+8.2%), followed by Burgas (+6.3%) and Varna (+1.7%). A drop in prices has been registered in Plovdiv (-0.5%) and in Sofia (-0.1%).
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July 2-16, the Bulgarian news agency BTA reports. The last time such an operation was carried..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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