Housing Prices Rise in Sofia, but Affordability Improves
Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend
Grain producers in Bulgaria expect 15-20% less crops due to the recent heavy rainfalls which will also affect the prices of wheat and cereal.
Bread producers are worried that the rains will worsen the quality of wheat which will raise the production costs due to the need to use ingredient substitutions, NovaTv reports.
Some regions in Northwestern and Southern Bulgaria have recorded rainfalls totaling 70% of the average annual precipitation in just a month and a half.
The estimated increase in bread prices is no higher than BGN 0.001-0.002, however it can grow ten times until it reaches the end consumer.
Israel has attacked locations in Syria where chemical weapons and long-range missiles are believed to be stored, aiming to prevent them from falling into the hands of adversaries, Israeli Foreign Minister Gideon Saar said today, as reported by the Associa
Oil prices increased in early Asian trading this morning after the fall of Syrian President Bashar al-Assad introduced greater uncertainty in the Middle East.
The real estate market in Sofia continues to show growth, with a 10% increase in sales compared to the previous year.
Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to acting Minister of Tourism Evtim Miloshev
In recent weeks, there has been ongoing concern regarding the state's expenses for next year, with projections showing that costs far exceed available funds
The Bulgarian National Bank (BNB) has voiced strong opposition to a proposed 10% tax on banks' excess profits, citing concerns that it would destabilize the financial sector
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023