A Record 2007 For Foreign Investment In Financial Intermediation 15/03/2008
Financial intermediation absorbed 1.741 billion euro in foreign direct investment (FDI) in 2007, up a solid 137 per cent year-on-year, central bank data shows. The upside came from the capital hikes performed by local banks and insurance companies and the large volume of intercompany credits, said experts. The biggest chunk of FDI - 37 per cent, was injected into real estate transactions, rental and business services. In nominal terms, it rose 41 per cent year-on-year to 2.158 billion euro. Construction attracted 12.4 per cent of FDI with 706 million euro in 2007, up from 466.4 million euro a year ago. Investment in the farming sector posted a whopping 229 per cent year-on-year growth to 50.8 million euro, mainly due to the low base. Farming still accounts for a mere 0.9 per cent of... more

Vacation In Bulgaria Is The Most Advantageous 30/05/2008
Bulgaria is the cheapest county for resting and tourism according to data of British Post department, Zagrandom reported. Jump in prices was marked mostly in the EU. In the USA and several European countries may be spend a vacation on acceptable prices, responding at the level of the given services. The most acceptable for tourism and resting countries are: Egypt, South Africa and Thailand. Europe is the most attractive for tourism continent. For comparing to the other continents, the Old continent is preferred due the historical sights, suitable climate and other characteristics, Alan Vella, member of the Tourism Union in the EC declared. According to the expert 480 million tourists had visited Europe in 2006, 185 million - Asia and the Pacific islands and 142 million - North and... more

Rents In Sofia From Steady High To High Up 17/07/2008
In the six month period from the beginning of the year, rental rates for residential property have increased, website investor.bg said, quoting brokers from various agencies. The professionals, however, have not been unanimous in their prognoses of how the situation would change in the second half of the year. Some say that further increase is to be expected, others do not anticipate changes.Representatives from real estate company Orange Estates predicted 10 to 20 per cent rent increase until the end of 2008, considering that according to the agency's survey, for the first six months rents have gone up close to 30 per cent. The statistics show that compared to last year, rents in Sofia boroughs Lozenets, Studentski Grad (Students' town), and Vitosha have shot up by 40 per cent, Orange... more