Monthly Archives: November 2014

Plovdiv – European Capital of Culture 2019: Effects

Plovdiv – European Capital of Culture 2019

Bulgaria (and particularly Plovdiv) can boast with a very serious accomplishment. An international expert commission announced Plovdiv is to be the 2019 European Capital of Culture. This represents a great recognition to the city living standard, its cultural, social and…

Bulgaria – New Economic Outlook

Following the successful vote for a new government with wide societal support, Bulgaria has taken a new way of development that seems hard and difficult because of the mandatory painful reforms which must be executed. The inevitable changes affect almost…

New Low in Bank Deposit Interests

In October 2014 there was a new low in Bulgarian banks deposit interest rates. The lower profitability from bank deposits causes the drop of the ‘alternative price’ which represents one of the major factors in determining the overall investment market…

Bulgaria – New Unemployment Low

Following the positive news about the successful formation of the new Bulgarian government and the wide parliamentary and public credit it received, Bulgaria has accomplished new economic and social goals. The officially published statistical data indicate a new unemployment low…

Bulgaria – Political Consensus

Following a two-year period of serious political concussions Bulgaria seems to be finally finding its way to political consolidation through the newly formed right-oriented government supported by patriotic as well as socialist parliamentary formations. The new rightist coalition got relatively…