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Increased winter tourism sales (Bulgarian Morning News, www.bba.bg, 20/02/2004)
Bulgaria attracted 21.96 % more tourists in January 2004 year-on-year,
as reported by the Economy Ministry. The total of foreign tourists in January was close to 200,000.
The winter season, mainly December and January, is running very well so
far, marking a rise of 26.15 % of tourists proper (those who come on
holiday as opposed to one-day trips or transit the country).
Greeks were particularly interested with over
50,000 visitors, followed by Macedonians and Britons. Other neighbouring countries,
Germany, Italy, the USA and Israel were other big source countries.
Bulgaria is one of Europe's fastest developing destinations, a report of
the tourism commission with the European Union has shown recently. The
survey revealed that Bulgaria achieved that great success at a time when
the world tourism faces hard times as in 2003 it marked a decline of -1.2%.
An increasing number of Britons are investing in property in Bulgaria.
(12/02/2004, Liverpool Daily Echo)
According to the newspaper Bulgaria is a relatively unexplored and
untapped market for property buyers and hence offers the opportunity
to maximise capital growth and rental yields. It is
becoming increasingly popular with couples and families. Some of the
most popular areas are along the Black sea coast: Nessebar, Balchik, Varna etc.
The cost of living is cheap. A three bedroom house can be purchased
for just £ 8,000,an 11 bed house/villa for around £s;45,500
and you can even get a 19 room hotel for pounds 345,000.
Direct flights to the capital Sofia take around 2.5 hours.
Newbalkans.com is listed as one of the recommendations of the Adam Smith Institute, a think-tank in London, England (5/11/2003)
Newbalkans.com is recommended as one of the favourites on the web of the Adam Smith Institute, a think-tank in London, England by its Director, Dr. Madsen Pirie. The site is praised for its "engaging look at Bulgaria" and is the newest recommendation from the think-tank.
(See the recommendation here)
Bulgaria is named most popular 'up-and-coming' destination in a poll of British tourists (3/11/2003, Metro newspaper, London)
The newspaper reports that the country could see a 30 per cent. rise in tourists next year. This would follow a doubling in the number of British visitors in 2003. The report is based on research by Thomson, a tour operator.
Property prices along the Black Sea reported 7 times higher over the last 3 years.(1/11/2003)
A public library project for the Bulgarian Black Sea
(25/7/2003, dnevnik.bg)
A major public library will be created for the Southern Bulgarian coastal communities. The city of Bourgas will convert and expand a site, which will be used to house approximately 300, 000 volumes. There will be facilities for readers and users to access multimedia products and reference information. At present, this is the first and most major attempt to refresh and revise the provision of public reading, borrowing and information-gathering facilities in Bulgaria after 1989.
Bulgaria posts a low budget surplus, comparing well to deficits elsewhere in eastern Europe
(24/7/2003, EIU; Deloitte&Touche)
Prices of properties in 28 regional towns rise by 4 % over 3 months
(24/7/2003, National Statistics Institute)
In EU accession talks, Bulgaria will seek controlled appellation status for several local wines
(22/7/2003, Ministry of Agriculture)
Go to the News Archive to look at past news items.
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