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.
We do not yet have the euro, but the information that we may have it inspires certain market entities, said Prime Minister Rosen Zhelyazkov at the opening of the National Discussion “The Effect of the Eurozone. The Experience of Member States Speaks”...
The Bulgarian Parliament has adopted the Personal Bankruptcy Act, which is an EU requirement for the second payment under the Recovery and Resilience Plan to be implemented. The texts provide that a debtor who fails to service his/her..
The Eurogroup has unanimously recommended that Bulgaria become the 21st member of the eurozone . The countries of the common currency area recommend to the EU Council that this should happen from 1 January next year. The finance ministers of the..
More and more foreign students have been choosing Bulgarian universities and higher education institutions in recent years, the Bulgarian News Agency..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per..
A new medical equipment manufacturing center of the Czech company BTL Industries has opened in Plovdiv. The event was attended by President Rumen Radev,..
sunshine, cloud, rain and thunder
Clear
Partly Cloudy
Partly cloudy, chance of rain