Personal Data Exposure Not Needed Free For Parking 09/04/2008
People living in the centre of Sofia have been forced to leave their personal data exposed in their windscreen if they wanted to park for free in front of their homes in blue zones, or areas where parking is paid. According to a decision by Sofia city hall, people living where blue zones are in effect would not have to pay parking fees if they left a copy of their identity card or registration certificate behind the windscreen of their vehicle, Monitor daily reported. Bulgarian legislation reads that personal data is information on a person’s physical, psychological, mental, family, economic, cultural or social identity. Thus, the municipal companies could not require that people living in the centre leave exposed any information related to their identity, the newspaper said. Nikolai... more

Mortgages Form 78 Per Cent Of All Loans Taken Out In January 14/03/2008
Mortgage credits with a maturity of up to ten years are becoming less popular and account for just 10.63 per cent of all loans in January, Credit Center said. more

Spains Bogaris To Invest 15 Million Euro In Rousse 14/03/2008
Spanish construction company Bogaris, formerly known as Grupo Detea, would invest 15 million euro in the industrial park in Slatina area of Rousse, local authorities said, as quoted by Dnevnik daily. The company would design and build manufacturing, storage and office premises, Dnevnik daily reported. Bogaris was already investing 680 million euro in real estate projects in Romania. “We are looking for industrial land, but we have problems finding them at the right price because the industrial market is developing,” general manager Alfonso Otero told The Diplomat magazine in Bucharest. “I have the impression that there is a lot of land for sale in Romania but few transactions.” Another Spanish company, Keros Ceramica, was already building a ceramics factory in the Rousse's... more