The prices of real estate in Bulgaria and the EU have increased significantly in the past five years, data of Eurostat about the period 2014-2018 show. The property prices in the EU rose 15% on average and prices of real estates in the Eurozone saw 11% increase. Estonia ranks first in the ranking, where property prices increased with 83%. Cyprus places last in the ranking. Property prices in this country fell with 8%. In Bulgaria property prices increased with 14% in 2014, 2.3% in 2015, 7% in 2016, 8.7% in 2017 and 6.6% in 2018. Real estate prices in Bulgaria rose 26% in the past five years. Biggest collapse in the property prices in Bulgaria was registered in 2009-20%. In 2010 property prices in this country fell with another 10%. According to Eurostat, 7 in 10 EU citizens possess own properties. In Bulgaria and Romania nearly 97% of the citizens possess real estate properties. Germany ranks last in this ranking. Only 51% of the German citizens possess own properties.
The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..
Svetlan Stoev is the new ambassador extraordinary and plenipotentiary of Bulgaria to Switzerland. The presidential decree was published on November 18 in the State Gazette. Stoev is a career diplomat. He started working at the..
Strong southerly wind on Monday evening led to the diversion of six flights and the cancellation of five others at Sofia Airport. Flights from Malta, Frankfurt, Vienna and Munich landed in Skopje, and from Bergamo and Warsaw - in Varna. Flights to..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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