Buyers Choose Location Over Size as Bulgarian Housing Prices Rise
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Fuel Prices in Bulgaria Not To Increase This Winter
- Tweet
Send to Kindle
BGNES
The price of fuels in Bulgaria will not increase in the winter season, predicted on Horizont radio Viktor Avramov from the Laboratory for Risk Analysis.
The laboratory has estimated that, over the last 3 years, fuel traders have accumulated profits of over EUR 100 M from gasoline and over EUR 650 M from diesel fuel due to distortions of the fuel market.
After the Commission for Competition Protection established that there is a cartel in this sector, it is probable that fuel prices will not increase in the winter.
I do not expect prices to change drastically but I expect that the price of raw petrol will increase and I reckon that the decision of the Commission will be related to changing the way in which the national market functions, so prices could remain the same or even decrease.
Related Articles:
Sofia Property Prices Surge: €500 per Square Metre Increase Shocks Buyers
Property values in Sofia have surged by approximately €500 per square metre over the past year, according to data from one of Bulgaria’s largest real estate agencies. Across the country’s main cities, housing costs climbed by 20% in the final quarter of 2
Bulgaria Faces Rising Prices: January Flash Inflation Signals Continued Cost Growth
Bulgaria is facing rising living costs, with service prices still climbing, according to economists. Authorities have already flagged the most frequent violations of the Law on the Euro since the start of the year, largely in the form of unjustified incre
Bulgaria’s Fuel Market Stable, but Gray Sector and Export Ban Raise Concerns
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
EU Farmland Prices Climb in 2024, Bulgaria Records Near-6% Increase
Agricultural land prices across the European Union continued to rise in 2024, with Eurostat data showing a clear upward trend both in sales values and rental costs, although developments varied significantly by country.
Concrete Prices Soar 15–25% in Bulgaria, Property Costs Set to Rise
Bulgaria is facing a sharp rise in construction material costs, which experts warn will drive property prices higher. Svetoslav Zhekov, chairman of the Chamber of Builders in Varna
Bulgaria's Outgoing Energy Minister Calls Lukoil Derogation a “Victory for Economic Stability”
Outgoing Bulgarian Energy Minister Zhecho Stankov described the extension of the general license for Lukoil subsidiaries in Bulgaria until August 13 as more than a bureaucratic formality, calling it a key measure of economic stability for the country.
United Kingdom Prolongs Lukoil License for Operations in Bulgaria
The United Kingdom has decided to extend the validity of the general license covering Lukoil’s subsidiaries operating in Bulgaria, the Ministry of Energy announced.
Bulgaria’s Black Sea Gas Hunt: Han Asparuh Well Comes Up Dry, Next Drill Planned
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
Bulgaria Launches Sweeping Inspections of Energy Companies Over Rising Electricity Bills
Starting today, the Ministry of Energy and the Energy Regulatory Commission (EKVR) are conducting extraordinary inspections of electricity distribution companies and end suppliers,
Bulgaria’s Fuel Market Stable, but Gray Sector and Export Ban Raise Concerns
In Bulgaria, fuel prices remain largely unchanged, with the international oil market continuing to respond to tensions between the United States and Iran.
EU Renewable Energy Use Grows, While Bulgaria Sees Significant Decline
Bulgaria is among the EU countries that experienced a notable drop in the use of renewable energy for heating and cooling in 2024, with the share declining by 1.9 percentage points compared to the previous year.
