Greek Company Intends To Build Wind Park In Bulgaria 26/05/2008
‘Alpha Grissin Infotech' - Greek energy company intends to build a 400MW wind park in Bulgaria, Greek media informed, quoted by The Sofia Echo. The investments are estimated to 400 million EUR and the constructions are foreseen to start this year. The company appeared on local market with a portfolio of residential and office buildings. The Greeks plan to divest its entire property business by 2011 expecting a net profit of 40,8 million EUR, added from Sofia Echo. From the media also revealed that last year ‘Alpha Grissin Infotech' and Germany's Deutsche Bank formed a joint venture called Deutsche Aeolia. The new company, that focuses on renewable energy resources, currently develops three projects that cost round 65 million EUR. Deutsche Aeolia foreseen to expand to... more

Living In Rural Bulgaria And Making A Life 26/05/2008
When Bulgaria shook off the shackles of communism by 1990 the country suffered somewhat from the bumpy start that it had economically speaking, and many Bulgarians left the nation and others moved to the main towns and cities to find work.  This all had a dramatic impact on rural life in Bulgaria that still remains to this day.  Namely, Bulgarians still see it as a requirement to head to the main towns to make any money and so living in rural Bulgaria and making a life is that which only a few manage. As foreigners coming into the country you will most likely find the prices for properties in rural areas of Bulgaria unbelievably low, costing less than GBP 10,000 in some cases for fine property.  But is it actually possible to buy a home in rural Bulgaria and make a life for yourself? ... more

Expats Urged To Learn Language 10/03/2008
Britons who are planning to move overseas have been advised to consider learning the language of their new home abroad. Amanda Lamb, presenter of Channel 4's overseas property investment show A Place in the Sun, said that familiarity with the native tongue could have a positive impact on expatriates' lives. Speaking to the Manchester Evening News, she stated that it could make "such a difference" to people, as they would find it easier to assimilate. Learning the language may also enhance the employability of expats, an issue which could be of considerable importance to younger people who are living abroad. Ms Lamb also encouraged those who are moving abroad to spend about six months in their chosen location first. She commented: "Visit at different times of the year - and... more