Small Wooden Cottage on Varna Dam - ID 2702

Bulgarian Retailer Fantastico Announces 18 Per Cent Increase In Sales 14/03/2008
Bulgarian grocery retailer Fantastico said sales rose 18 per cent in 2007 and should add 25 this year. The company is preparing the launch of two new outlets in Sofia. The rollouts will bring to 32 the total number of Fantastico supermarkets in operation. The first of the openings will occur within days in the Mladost residential district. The 4 million leva supermarket will have an area of 2 000 sq m. The second launch is scheduled for mid-2008 near the Sofia ring road. It will have an area of 3 000 sq m. The goal of the chain is to continue to expand by launching new stores in Sofia as well as in other cities. "To achieve this, we are looking for suitable locations in a number of big and some smaller population centres," said Fantastico. Kyustendil is the only non-Sofia location... more

Bulgaria Average Apr On Housing Loans At 10 Per Cent 02/09/2008
The Bulgarian central bank reported on July 28 that the APR on new housing loans stood at 9.72 per cent at the end of June, up from 9 per cent in February.The average APR on consumer loans has added 1.21 per cent year-on-year to 11.96 per cent.In June, the rates on new consumer loans ticked up 1.38 percentage points to an average of 10.80 per cent while the rates on outstanding loans fell 0.11 percentage points to 11.03 per cent.The cost of new housing loans increased by 0.41 percentage points to 8.81 per cent, just shy of parity with the rate on outstanding loans which added 0.31 percentage points to 8.94 per cent.The average cost of corporate loans of up to 1 mln euro has risen 1.27 percentage points over the past year to 10.73 per cent, while the rate on credits in excess of 1 mln... more