Cosy House By The Lake - ID 1596

Two New Parks, Walking Area To Appear In Sofias Centre 11/12/2008
The new detailed master plan for the western part of Sofia city centre, the area between the Hristo Botev, Alexander Stamboliiski, Maria Luiza boulevards and Pirotska Street envisions the construction of new office buildings, more green spaces, but would also cut into one of the main thoroughfares linking the central part of the city to Lyulin district.The northern carriageway of Knyaz Alexander Doundoukov Boulevard from Tzum shopping centre onward to Lyulin will be transformed into walking area and all traffic will be diverted to the southern carriageway, Maria Dobreva of the urban planning department at Sofia municipality told The Sofia Echo on September 4.This area will turned into a park, which will continue on to the Catholic Church, Dobreva said. The new church will also be... more

Credit Growth Slows Down In January 14/03/2008
The total volume of the bank loans extended in Bulgaria in January 2008 amounted to 530 million leva. The figure represents a nearly six-fold decrease compared to December 2007, when the volume of the loans stood at 3.38 billion leva. The growth of the business loans is slowing down significantly. Business loans growth marked a 71.5-per cent year on year increase in December 2007. The figure dropped to 69.9 per cent in January 2008. The credit growth to the non-government sector slowed to 61.8 per cent year on year as of end-January as compared to 62.5 per cent at end-December, according to the monetary survey of the central bank. The increase in credits denominated in foreign currency also moderated to 77.5 per cent annual rise in January, down by 2 points on a monthly basis, while... more