Budget 2026 Sparks Outrage: Employers Warn Every Worker in Bulgaria Now Carries 15,000 Euros Debt Burden
Today’s nationwide protest focuses on the draft budget for 2026, which is moving to its second reading in parliamentary committees
The 4-star Orpheus hotel in Bulgaria's top winter resort Pamporovo. Photo by hotelorpheus.com
The 4-star hotel "Orpheus" in Bulgaria's winter resort Pamporovo continues to accept reservations from tourists, although it should be empty because it had been listed at a public auction.
The tender was announced on December 20 and stems from owners staggering debt to banks. It is listed for the price of EUR 11 734 980.
A week after the announcement, employees of a security company have been sent to the building to free the property. However, they found nearly 100 tourists who witnessed the violent disputes.
Despite the troubles, the hotel, which has 460 beds and is owned by the Plovdiv company "Orpheus 2002," continues to take new vacationers.
For the first 2 weeks of the year, "Orpheus" expects 430 foreigners, writes Bulgaria's "Monitor" daily.
The "fate" of those who have already arrived and those who are expected to come is not yet clear.
Bulgaria’s housing market is experiencing robust growth, driven by strong demand and limited high-quality supply
Bulgaria’s rental housing market has entered a new phase of maturity and international visibility.
Housing prices in Bulgaria have been increasing at a steady and often double-digit pace in recent years
Bulgaria has experienced a remarkable surge in real estate prices in recent years, a trend further boosted by the country’s anticipated adoption of the euro on January 1, 2026
Experts say Bulgaria’s entry into the eurozone does not automatically drive property prices upward
Georgi Shopov, chairman of the National Association of Construction Entrepreneurs, expects greenfield property prices in Bulgaria to rise by 10% as the country enters the eurozone
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence