Due to low water levels in the Danube River, the ferry to Oryahovo stopped traffic. The river level is currently -14, while the ferry can operate at a level of at least -10. The situation is not unprecedented – it happens every summer, but this year the water level dropped earlier than usual, the Oryahovo-Beket…
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU. Following the sharp rise in electricity prices caused by carbon emissions quotas under the “Green Deal”, the Commission now aims to extend the emissions trading system to include the transport and building sectors starting in…
Bulgaria registered the second-largest increase in housing prices among EU member states in the first quarter of 2025, according to Eurostat. Residential property prices in the country surged by 15.1% YoY for the period, placing Bulgaria just behind Portugal, where the increase reached 16.3%. Since 2010, Bulgarian house prices have risen by a total of…
The real estate market in Bulgaria in the first half of 2025 continues to evolve, with Sofia maintaining its status as the country’s most expensive city for property purchases. However, regional centers such as Varna, Plovdiv, Burgas and notably Ruse are showing the most significant growth in prices and buyer interest. Sofia leads in pricing,…
Wizz Air, recognized as the most environmentally sustainable airline across Europe, the Middle East and Africa, is expanding its route network with a new service connecting Varna and Milan Bergamo. The new flights will begin in mid-September and will run twice a week – every Tuesday and Saturday. Tickets are already available for booking through…
How will Bulgaria’s property market evolve after the switch to the euro? This question concerns homeowners, investors and prospective buyers alike. Typically, euro adoption triggers a surge in demand and price growth, attracting foreign investment. Yet, the currency change’s impact cannot be viewed in isolation; broader economic conditions and interest rate policies are crucial factors.…
Bulgaria ranks fifth in Europe for tourism growth, a fact highlighted by the country’s Minister of Tourism. Early booking data indicates a strong summer season ahead, reflecting the sector’s continuing expansion. In a separate but related positive note, the European Union’s Environment Agency has recently ranked Bulgarian seawater as the second cleanest in Europe. This…