The prices of real estate in Bulgaria and the EU have increased significantly in the past five years, data of Eurostat about the period 2014-2018 show. The property prices in the EU rose 15% on average and prices of real estates in the Eurozone saw 11% increase. Estonia ranks first in the ranking, where property prices increased with 83%. Cyprus places last in the ranking. Property prices in this country fell with 8%. In Bulgaria property prices increased with 14% in 2014, 2.3% in 2015, 7% in 2016, 8.7% in 2017 and 6.6% in 2018. Real estate prices in Bulgaria rose 26% in the past five years. Biggest collapse in the property prices in Bulgaria was registered in 2009-20%. In 2010 property prices in this country fell with another 10%. According to Eurostat, 7 in 10 EU citizens possess own properties. In Bulgaria and Romania nearly 97% of the citizens possess real estate properties. Germany ranks last in this ranking. Only 51% of the German citizens possess own properties.
The caretaker cabinet proposes raising the minimum monthly salary to BGN 1,077 (EUR 550.66) as of January 1, 2025, from the current BGN 933 (EUR 477.04). The proposal is contained in a draft of a government decree which has been put up for public..
Miles-long queues at the Danube Bridge border crossing at Ruse, where trucks have been stuck for up to 30 hours, were discussed by Prime Minister Dimitar Glavchev, Interior Minister Atanas Ilkov, Transport and Communications Minister Krasimira Stoyanova..
Caretaker Prime Minister Dimitar Glavchev has started talks with the candidates nominated so far by the parliamentary groups for the post of EU commissioner. This was confirmed to BNR by government sources. We recall that on August 27, in a letter to..
The mayor of the village of Samoranovo (Dupnitsa Municipality) has initiated an urgent fundraising campaign in connection with the fire in Rila..
During the night, the precipitation will stop and the clouds will break up temporarily , with clear skies after midnight over Western Bulgaria. Light to..
Two people infected with West Nile Virus (WNV) in Bulgaria have died, the Ministry of Health has been confirmed for the BNR. Three persons in Bulgaria..
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