Bulgaria Latest News


GDP Growth is 3.1% in 2018, According to the Institute of Economics Research at the Bulgarian Academy of Sciences

The GDP growth rate declined from 3.6 percent in 2017 to 3.1 percent in 2018. This is stated in the Annual Report 2019 "Economic Development and Policy in Bulgaria


Lowest Hourly Labour Costs Are Recorded in Bulgaria

The data shows that on average we get 3.5 euros per hour for our work, and just before us are the Romanians who work for 4.2 euros.


100% Increase of Property Prices in Sofia in the Last 15 Years

Property prices in Sofia have increased with 100% for the past 15 years, according to the statistics of the National Association of Building Contractors.


Housing Prices in Sofia Froze, Growth of New Construction Purchases

Housing prices in Sofia have frozen. According to information from Bulgarian Properties during the first three months, the average price in the capital is € 1,080 sq. M


Bulgarian Tourism Minister: BGN 8.4 Billion are the Revenues from Tourism in 2018

In 2018 the revenues from tourism are BGN 8.4 billion, which is 6% more than in the previous year.


Number of Foreign Tourists in Sofia Has Increased By 82% Between 2008 and 2018

Metropolitan Mayor Yordanka Fandakova said during the sixth annual meeting of the National Tourism Board that Sofia is increasingly crowded with tourist groups of foreigners


Bulgaria was Top Tourist Destination for Greeks in 2018

Bulgaria was the top destination for Greeks in 2018, according to data released by the Bank of Greece, as there were 2.37 million trips recorded


On 17 and 18 May, Burgas will Host a Two-day Festival Dedicated to South Korean Culture

On 17 and 18 May, Burgas will host a two-day festival dedicated to the culture of South Korea, said the press office of Burgas Municipality.


10% Decline in Early Bookings For the Southern Black Sea Coast

,,So far, there is a decrease of 10% in the early registration of tourists from Russia and Germany for the Southern Black Sea coast.''