News
Summer Fun In Bulgaria - Coast, Mountains And Golf
Over the past few years Bulgaria has earned a reputation as one of Europe’s most popular ski destinations especially for those seeking a cheaper alternative to the Alpine resorts. Regions such as Bansko, Borovets and Pamporovo have seen a marked increase in tourism over the winter months which has lead to a high demand for rental accommodation and in turn, an increase in the value of real estate. However as the summer season approaches Bulgaria still has plenty to offer, from lazing on... [more]
Bulgaria Property Market Outstrips The Forecasts
Woking, United Kingdom, April 12, 2007 --(PR.com)-- With nearly 70% of foreign buyers investing in Bulgaria coming from the UK, Principal International says that the property market in Bulgaria is showing no signs of slowing down nor are investors losing interest.Principal International, one of the UK’s leading overseas property investment companies, says that investors interest in both the ski resort of Bansko and the popular resorts of Sunny Beach and St Vlas, where property prices... [more]
HEALTHCARE FOR FOREIGNERS IN BULGARIA?
A Bulgarian National Television (BNT) story showed that foreigners from non-EU countries living in Bulgaria cannot be provided with free healthcare services from the Bulgarian state, even though they have paid their healthcare social securities. On April 1, BNT featured the case of Ukrainian Elena Glushtuk, who married a Bulgarian citizen last August and currently lives in the city of Smolyan, in Rhodope Mountain. After marrying her husband, Glushtuk got the status of a long-term resident in... [more]
COMPANY REGISTRATION TIME IN BULGARIA TO DECREASE
On July 1 2007, the electronic database of the trade registry in Bulgaria will become active, the Registry Agency (RA) announced at a news conference. The time needed for the registration of a company in Bulgaria is expected to drastically decrease after the electronic registry becomes fact, Focus news agency reported on March 29. Five to six days would be necessary for the registration, according to Ivailo Filipov from the RA. The 28 registries of regional courts will be transferred to a... [more]
TOURISTS FROM AUSTRALIA TO RUSSIA VISIT BULGARIA
A new Bulgarian package offered by an Australian tourist agency was featured on Australian tourist website e-Travel Blackboard on March 30. According to the website, which quotes a story from Tempo Holidays, customers who have been to many of the mainstream western parts of Europe and are still searching for off-the-beaten track experiences are looking to Bulgaria. It quotes a senior Tempo Holidays officer saying that Bulgaria was “yet to become a popular tourist destination for... [more]
ORTHODOX BULGARIANS COLOUR EGGS ON HOLY THURSDAY
Orthodox Bulgarians celebrate on April 5 the Holy Thursday and keep alive the tradition of coloring eggs bright red, the symbol of Easter for Orthodox Christians all over the world. The eggs are colored on Holy Thursday, which commemorates the Last Supper, held the evening before the Crucifixion. The eldest woman in the house has the privilege of dying the eggs. The ritual of cracking the eggs takes place before the Easter lunch. The eggs are cracked after the midnight service and during the... [more]
BANIA AREA HOLIDAY VILLAGE DEVELOPMENT ANNOUNCED
Lewis Charles Sofia Property Fund Limited has signed a contract with Winslow Developments to regulate and eventually develop a holiday village project near Bania, which is close to the Bulgarian ski resort of Bansko, the fund said in a press release quoted by news agency Dow Jones on Monday, April 2. Winslow Developments and the Lewis Charles Sofia Property Fund have signed a 4- year contract for the implementation and management of the project. The deal, which could generate approximately... [more]
ENVIRONMENTALISTS IN BULGARIA REPORT ON VIOLATIONS
The coalition of environmental organisations united under the name Save Pirin gave a news conference on March 22 to announce details about the latest illegal activities in Pirin National Park. A media statement entitled “Ski zone Bansko representatives chased away Euronews TV crew” was issued on March 21. Save Pirin consists of the Green Balkans Federation, the Centre for Environmental Information and Education, Balkani Wildlife Society, the Bulgarian Association for the... [more]
JUSTICE AND ANTI-CORRUPTION REFORMS IN BULGARIA GIVE RESULTS- CABINET
Bulgaria’s Cabinet registered improvement in the functioning of the judicial system and in internal order, a report sent to the European Commission said. The report was based on “positive data” from the Centre for the Study of Democracy and Transparency International, mediapool.bg said. According to the report corruption in Bulgaria’s business sector decreased by 50 per cent in March 2007 as compared to the figures for November 2005. Lower corruption was registered in... [more]
27.03.2007 THE CONSTRUCTION OF “VELIKO TARNOVO HILLS” BEGINS
The ground-breaking ceremony of the first self contained gated residential settlement in Bulgaria - “Veliko Tarnovo Hills,” took place on the 22nd of March, which is also the official holiday of the old capital of Bulgaria, Veliko Tarnovo. The total investment is estimated to 50 million Euro. The development company has planned to complete the project in maximum 3 years. The luxury settlement spreads over 60,000 square meters on the Troshana hill, about 2.5 km away from the centre... [more]
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