Plot of land close to the sea - ID 2728

Eastern Europe To Benefit From Weak Pound 14/04/2008
The tourist trade in eastern Europe could be set to benefit from the weakening pound, an expert has suggested. According to Helen Warburton of the Post Office, many consumers in the UK are looking outside of the eurozone because the currency is now much stronger than the sterling. In fact, the pound has now fallen to a record low against the euro, which means people face much higher costs if they visit countries such as Italy, Spain or France. Ms Warburton told the Daily Mail that there have been "significant increases" in the cost of popular purchases such as food and drink. Therefore, holidaymakers are opting to visit destinations with more favourable exchange rates, such as Bulgaria. Speaking to the newspaper, Ms Warburton said: "People are looking for destinations where... more

The Changing Face Of European Property Investment 20/03/2008
With property investment television programmes dominating the listings, it is inevitable that real estate is beginning to attract more and more potential investors. Most of these programmes are also becoming increasingly adventurous in terms of the places they cover, which is having a direct result on the investment patterns of UK residents. In a report for Antara News, for instance, journalist David Burrows says that many investors are beginning to turn away from France and Spain in search of better value. He suggests that Bulgaria is a prime example, in that prices in the country are still exceptionally low but experts are predicting something of a boom before long. "The EU may be balking at Bulgaria's failure to rein in organised crime but second-home hunters seem to have no... more