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.
In a letter to the leaders of parliamentary groups in the 50th National Assembly, caretaker Prime Minister Dimitar Glavchev urged them to submit two nominations for a Bulgarian commissioner in the next European Commission by August 29. Glavchev..
The migrant pressure on the Bulgarian-Turkish border has decreased by 70% compared to last year, said Chief Commissioner Anton Zlatanov, Director of the General Directorate Border Police. Anton Zlatanov met with Frontex’s Executive Director Hans..
In 2023, there will be 68 pensioners per 100 insured workers in Bulgaria. By 2070, the ratio is expected to be 78 pensioners per 100 insured workers. This information comes from a 2024 report by the National Social Security Institute, which forecasts..
The mayor of the village of Samoranovo (Dupnitsa Municipality) has initiated an urgent fundraising campaign in connection with the fire in Rila..
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..
During the night, the precipitation will stop and the clouds will break up temporarily , with clear skies after midnight over Western Bulgaria. Light to..
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