News
Parliament In Bulgaria Saves Strandzha Natural Preserve
published on 20.7.2007
Bulgaria’s Parliament has approved the second reading of an amendment bill providing that all orders, ordinances and other administrative documents issued before June 30 2007 to declare protect areas are not subject to appeal in court.The amendments to the Protected Areas Act say that all... More...
Bulgaria H1 Avg Home Loan Size Up 25% y/y
published on 20.7.2007
The size of the average home purchase loan increased by roughly a fourth year-on-year to 38,600 euro in the first half of 2007, said local loan consultants Credit Center. The upturn is attributed to the higher percentage of the home price covered by the mortgage and the increase in property... More...
Bulgaria Requests Medics' Return
published on 19.7.2007
Bulgaria has officially requested that six medics whose death sentences in Libya were commuted to life in prison be transferred to Bulgaria. The five nurses and one doctor were convicted of intentionally sparking an HIV outbreak in a children's hospital. The six, who say torture was used to... More...
Bulgaria is the Most Popular Tourist Destination among the New EU Members
published on 06.7.2007
Bulgaria is the most popular tourist destination among the newest countries-members in the EU. For the period June - September, last year, the common number of night spent of local and foreign tourists amount to 11,6 million BGN (5,8 million EUR) which marks an increase of 3,1% compared to 2005.... More...
Property Market Boom in Eastern Europe
published on 06.7.2007
The urban property market is booming across ex-communist EU member states as foreign investors flood in and locals climb onto the property ladder -- even in the region's dour concrete tower-block estates. Average prices in the Polish capital Warsaw rose by more than 50 per cent last year to reach... More...
Natural Park vs. Constructional Boom
published on 05.7.2007
Bulgaria's Environment Ministry is to fight a Supreme Court decision revoking the protected status of a Black Sea nature park, a ruling which opens the door to the construction of holiday homes. "We will definitely appeal. We are preparing the appeal at the moment," a ministry... More...
