The holiday property market along Bulgaria’s Black Sea coast is experiencing a shift away from its previous dominance by Russian buyers, now attracting a blend of younger Bulgarian professionals and retired Europeans. According to a comprehensive report by BTA, half of the buyers for seaside apartments are Bulgarians under 30, primarily from the IT sector,…
Holiday rental search engine Holidu has compiled a list ranking European cities based on their affordability for food and drink enthusiasts. Using cost-of-living data from Numbeo, Holidu has categorized cities by the average cost of items such as a bottle of wine and a mid-range meal for two, offering a comprehensive guide for foodies of…
In Bulgaria, residential property prices are on the rise, with Varna leading the charge ahead of even Sofia, according to recent statistics reported by Nova TV. During the first quarter of this year, Varna saw a significant increase of 9% in housing prices, slightly outpacing the growth in the capital city. Despite these hikes, there…
Sofia Airport includes plans for airbridges and the option for passengers to walk to and from the planes (the so-called WiWo – walk in, walk out). Milena Mihailova, Director of “Public Relations and Communications” at the concessionaire “SOF Connect,” shared this information. The project underwent modifications following Bulgaria’s entry into Schengen, necessitating the separation of…
Eurobarometer data reveal significant insights into Bulgarian attitudes towards adopting the euro, highlighting both optimism and skepticism among the population. According to the survey, 71% of Bulgarians anticipate their country joining the Eurozone within the next five years, marking a notable increase of 9% since April 2023. This optimism places Bulgaria ahead of other surveyed…
Bulgaria is not prepared to introduce the euro on January 1, 2025, as it fails to meet one of the four criteria for eurozone entry-the inflation level. This was highlighted in a report by the European Commission, adopted on June 26. A spokesperson for the European Commission stated that while Bulgaria currently did not meet…
Bulgarian National Bank Governor Dimitar Radev emphasized in a recent BNT documentary that the delay in Bulgaria’s entry into the Eurozone was primarily a political issue. According to journalist Nadia Obretenova, who interviewed Radev for the documentary “The Way of Money”, the governor highlighted the central bank’s policies aimed at monitoring bank lending, which were…