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Bulgarian Property Prices Gain 3 On Average In Q3 22/11/2008
The prices of Bulgarian residential properties have increased on average by three per cent to 1418 leva a sq m in the third quarter of 2008, compared to the previous quarter, data from the National Statistical Institute has showed.Flats sell for more than 1000 leva a square metre in half of the country's 28 administrative centres.Brokers say the market is settling and switching to stand-by mode as some sellers have withdrawn hoping for better times, while others are chopping off prices with loan installments digging deeper in their pockets.Property prices in Bulgaria's second largest city of Plovdiv have seen the biggest rise, growing by 11 per cent, followed by Dobrich in northeastern Bulgaria, where residential property was up nine per cent.The increase hovers around five per cent in... more

Bulgaria Ranks 68th In It Technologies Usage 14/04/2008
Bulgaria ranks 68th in network development, according to a new report announced by the World economic forum in Geneva, informed technews.bg. The study, which is published for a seventh successive year, encompasses a record number of countries – 127. It became the most prestigious international source of information about the influence of the information technologies on the development processes and the competitiveness of the national economies. Denmark is the most developed country in terms of network, followed by Sweden and Switzerland. Among the first 10 countries are also South Korea (9th place) and USA (3rd place), which have the highest growth climbing up respectively with 10 and 3 positions compared to last year. The consistent efforts and the vision of the governments for the... more