The price of arable land in Bulgaria has risen by over 47% for 6 years, the National Statistical Institute reported. In 2014, the average price was 362 euros per decare and in 2020 it was 533 euros. The biggest rise is seen in the southeastern region of the country - over 79%. Agricultural land there used to be cheaper, which made it attractive to investors.
The price of land in the northeast region of Dobrudzha rose by 51% and is sold for 752 euros per decare or 255 euros more in comparison to 2014. The lowest price rise was marked in the southwestern region - 21%. The price of meadows and pastures has risen by just 9 percent. The rent per decare remains low, as the price ranges between 25 and 30 euros.
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
The Bulgarian banking system is among the most stable ones thanks to the high expertise of the people who work in it. They succeed despite turbulent times. They are successful because they follow the rules and laws. With these words,..
The Gross Domestic Product has gone up by 2.4% during the third quarter of the year compared to the same period of 2023, indicate preliminary National Statistical Institute data. This indicates there is a certain acceleration of the growth..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services..
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