The most expensive Bulgarian agricultural land in Dobrudzha has reached a new peak in the price of over 2,000 euros per decare in some deals, real estate brokers in Dobrich region have told BTA. There is great interest in agricultural land as the safest investment, so the market is turbulent and prices are going up.
For a few months the price rise has risen by about 30%. The rise in prices is also due to the good rental rates that agricultural cooperatives pay to owners. In 2021 they were about 90 euros per decare, as the sum is not subject to taxation.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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