Large Apartment Located In A Luxury Neighbourhood In Sofia - ID 3423

Israelis To Buy Land In Bulgaria For 37 Million Euro 12/03/2008
Israeli construction and investment company BSR Europe has reached an agreement for the purchase of close to 80 000 sq m of land in Bulgaria for 37 million euro, the company announced. BSR Europe has partnered for the deal with a European investment fund for real estate. The company refused to name the fund or the exact location of the land, saying these details would be announced separately, investor.bg said. On the land a complex with housing, offices and retail areas with a total floor space of 230 000 sq m would be constructed, the company said. Israeli publication Globes said BSR Europe would own 42.5 per cent of the project, which according to preliminary calculations would be worth 200 million euro. BSR Europe had additionally reached an agreement for the purchase of... more

2,3 Million People In Bulgaria Live In Poverty 24/04/2008
Almost 2,3 million people in Bulgaria live under the poverty limit which is 176,64 BGN (round 88 EUR) in Bulgaria. 15,6 % yearly is the increasing of the life maintenance, which is the biggest raise for the last 8 years and indicates record price getting up. The poverty limit, estimated according 77 goods and services, defined as vital important for the physical surviving is 176.86 BGN (88 EUR) per man. Under this limit remain 34% of the households in Bulgaria. The common income of a person in a household have increased with 7.4% for February 2008 compared to 2007 and have reached 244, 37 BGN (122, 18 EUR) which is hardly 54.5% of the necessary amount for monthly maintenance of a person. The average work salary have increased with 10.4% according to 2007 but the slow temp of the... more