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14.2% Annual Inflation In Bulgaria 15/04/2008
Bulgaria's annual inflation is up to 14.2% in March compared to 13.2% the previous month. The reason was provoked mainly from high food prices, says statistical data announced on Monday. The consumer prices increased to 0.8% m/m in March from 1.1% in February. IMF sees inflation dropping to 7% by the end of the year, hoping that grain crops will increase from last year's drought-hit levels, avoiding renewed food price hikes, commented from Reuters. The inflation by the end of last year was 12.5%, one of the highest rates in the EU. more

500 000 Sq M Office Property For Sale In Bulgaria 12/03/2008
Nearly 500 000 sq m of office property will be offered for sale on the Bulgarian property market in the coming year or two. This is the total area of the projects that were being launched, Forton International (FI) consulting company data quoted by 24 Chassa daily showed. FI said that tenants had already applied for 120 000 sq m of office areas. It did not mean though that supply would exceed the demand, because the applications were made before the office projects were finished. Often significant shortage of office property was registered, the FI said. New companies appeared on the market, others were enlarging their business and needed more space. The supply so far had been limited, FI said. Companies planning business enlargement were mostly looking for office property.... more