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Bulgarian Property Bubble
There were rumors and speculations regarding the existence of a property bubble in Bulgaria since at least 2006; however, many interested parties (especially banks) tended to discredit such a possibility. Most of all, since the property bubble has been the driving force in GDP growth in Bulgaria most players in the market, including government have been satisfied with the situation. Dynamics Provided that growth in GDP continued and that property prices had been sustained during the Financial crisis, there was a possibility that the growth of the bubble would return in late 2009, or early 2010. However, since October 2008 there has been sharp drop in the real estate market, including: * fewer property buyers * considerable drop in property prices * sharp decrease in property sales * many real estate companies have closed or temporary suspended operations Among other reasons the current property bubble burst, there is the factor of increased interest rates and bank requirements to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgaria
Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. Bulgaria covers a territory of , and is the sixteenth-largest country in Europe. Sofia is the nation's capital and largest city; other major cities are Plovdiv, Varna and Burgas. One of the earliest societies in the lands of modern-day Bulgaria was the Neolithic Karanovo culture, which dates back to 6,500 BC. In the 6th to 3rd century BC the region was a battleground for ancient Thracians, Persians, Celts and Macedonians; stability came when the Roman Empire conquered the region in AD 45. After the Roman state splintered, tribal invasions in the region resumed. Around the 6th century, these territories were settled by the early Slavs. The Bulgars, led by Asp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial Crisis Of 2008
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., and North Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulgarian Dreams
Bulgarian Dreams is a UK-registered property sales agent, specialising in the sale of off plan properties in Bulgaria to buyers mainly from the UK and Ireland. The company announced in December 2008 that it had ceased trading. Offices Bulgarian Dreams operated from several offices with headquarters at 120 Moorgate, London, UK, EC2M 6SS - now closed Early success Bulgarian Dreams sold off plan properties in Bulgaria, marketing the country as an up-and-coming destination with a rapidly developing economy and growing tourist trade. The company was well regarded and won International Residential Property Awards for Real Estate Agency in three consecutive years 2004-2006 including Best Real Estate Agency, Best Property in Bulgaria, Best Property Website and Best Development in Bulgaria from 2004 through to 2006. The company received widespread news coverage. Ceasing Trading The London office closed around the end of 2008 but the Sofia office remains open and in contact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Bulgaria
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised upper-middle-income country according to the World Bank, and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the Organization of the Black Sea Economic Cooperation (BSEC). The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $86 billion (nominal, 2022 est.) or $203 billion (PPP, 2022 est.), GDP per capita of $31,148 (PPP, 2022 est.), average gross monthly salary of 1,787 leva (913 euro) (September 2022), and average net monthly salary of $1,863 (adjusted for living costs in PPP) (2022). The national currency is the lev (plural leva), pegged to the euro at a rate of 1.95583 leva for 1 euro. The lev is the strongest and most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Bulgaria
The economy of Bulgaria functions on the principles of the free market, having a large private sector and a smaller public one. Bulgaria is an industrialised upper-middle-income country according to the World Bank, and is a member of the European Union (EU), the World Trade Organization (WTO), the Organization for Security and Co-operation in Europe (OSCE) and the Organization of the Black Sea Economic Cooperation (BSEC). The Bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) and reaching estimated gross domestic product (GDP) of $86 billion (nominal, 2022 est.) or $203 billion (PPP, 2022 est.), GDP per capita of $31,148 (PPP, 2022 est.), average gross monthly salary of 1,787 leva (913 euro) (September 2022), and average net monthly salary of $1,863 (adjusted for living costs in PPP) (2022). The national currency is the lev (plural leva), pegged to the euro at a rate of 1.95583 leva for 1 euro. The lev is the strongest and most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
