Bulgaria’s Real Estate Market and the Euro: What to Expect After Adoption
The question of how Bulgaria’s adoption of the euro will influence the real estate market has sparked considerable interest among property owners
Bulgaria’s Black Sea resort of Sunny Beach remains the best value-for-money holiday destination for British tourists in 2016 for the third straight year, a new survey has shown.
“Cheap local prices in the 10 best value resorts in Europe have cushioned the impact of sterling’s slide,” the 10th annual UK Post Office Travel Money Holiday Costs Barometer has found.
Sunny Beach, or Slantchev Bryag in Bulgarian, tops the list of Europe’s bargain destinations again mainly due to low meal prices, with a two-course lunch for two at less than GBP 7 and under GBP 22 for a three-course evening meal with wine, according to the survey.
The barometer uses a basket of 10 staples (meals, drinks, suncream, insect repellent and newspaper) to compare the costs for UK holidaymakers across Europe.
Even though the price of the basket at Sunny Beach has risen by 9.3%compared with 2015, reaching GBP 41.55, tourist staples are still up to 23% lower than in 2014 and up to 45% cheaper than in 2011, the survey has revealed.
Sunny Beach is followed by the Algarve, Portugal and Limassol, Cyprus, with the price of the basket of 10 staples at around GBP 47 and GBP 51.82, respectively.
British citizens arriving at Bulgarian airports can now use electronic gates for border control
More than 500 Israeli tourists currently find themselves stranded along Bulgaria’s Black Sea coast
Wizz Air has announced the suspension of all its flights to and from Tel Aviv, as well as its European routes to Amman
Between 50,000 and 70,000 foreign workers may enter Bulgaria by the end of 2025 if the current pace of labor import continues
With the tourist season now underway and the first waves of visitors arriving at the Northern Black Sea resorts, employers are once again facing a familiar and worsening challenge
FlixBus is expanding its presence in Southeast Europe this summer with a fresh set of international and seasonal routes
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe