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Zlataritsa is a atown in Northern Bulgaria. It lies in the municipality of Veliko Taarnovo, close to the town of Lyaskovets. It is situated amidst the lowest hills of the Balkan mountain, on the bank of the Zlatarishka River. The names of the town and ...

Top 5 Most expensive Property Places in Bulgaria  Sofia - 2,312.50 BGN/sqm  Varna – 2,137.33 BGN/sqm Ruse – 1,749.00 BGN/sqm Burgas – 1,698 BGN/sqm Stara Zagora – 1,500.00 BGN/sqm Top 5 Most Bulgaria Property increase Q2 2008 to Q1 ...

Piraeus Bank outran First Investment Bank in terms of assets moving to number six in the table in April 2008, central bank statistics showed. Five years ago the Greek bank was one of the small branches of foreign banks in Bulgaria. A year later it grew ...

The Raiffeisenbank Bulgaria bank registers stable demand for loans for home construction, purchase and repairs. Loan volumes are twice as bigger in 2008 compared with 2007. The bank’s deposits gained 55 pct last year versus 27 pct for the banking ...

MasterCard said it would scrap some is cross-border fees on debit and credit card transactions preformed in Europe following a decision of the European Commission. Source: Pari, P10 Be FIRST, get all the latest NEWS about Bulgaria Property Market! ...

Albena is one of the major resorts (45 km) North of Varna and occupies a pretty stretch of the coast, just South of Cape Kavarna. During medieval times the bay had two large fresh water wells and residents earned a living by selling drinking water to ...

Overgas Capital signed a partnership contract with local consultancy Overgas Capital to sell its loans and leasing schemes. The financial unit of fuel retailer Overgas recently teamed up with Bulgaria’s biggest mortgage consultancy, Credit ...

Raiffeisenbank unveiled its first brokerage and property lending unit in the northern town of Ruse. The steady demand for mortgages and Bulgarian properties continues, said Raiffeisenbank board member Momchil Andreev. Moreover, many people plan to buy ...

The government and ProCredit Bank signed a loan agreement for 9,112,918 EUR for small and medium companies. The bank will use the money to refinance investment projects of SMEs in urban and rural areas. German bank KfW grants 410,000 euro for ...

Foreigners who buy Bulgarian banks make efforts to delist them from the local stock exchange. This is what Eurobank EFG did with the shares of DZI Bank and Belgian KBC did with the stocks of EIBank. One the other hand, First Investment Bank and Corporate ...

Bulgarian bank forecast 50 pct or 60 pct increases in new loans till the beginning of 2008 but their latest projections are much more modest with most of them seeing 30 pct to 40 pct growth or even 20 pct. It seems as though banks have taken heed of the ...

The turnover of Bulgarian manufacturing companies for 2007 is estimated at some 600 mln levs (1EUR = 1.95levs), of which 500 mln levs was generated by the first and biggest player on the market - UniCredit Factoring. With its 90 pct market share ...

A total of 181 participants, mainly from U.S. companies, registered for the Invest in the forum Bulgaria 2008 - Business & Investment Opportunities in Bulgaria Today. The list includes Unicredit Group and Societe Generale. The forum will take place ...

The town of Ahtopol has population of about 1,500 people and is situated over a sharply jutted cape 87km southeast of Burgas. It has two long and beautiful beaches, the one (further to the north of the town) being used mostly by nudists. The town ...

Societe Generale Expressbank cut by 0.36 pct the interest rate on its new euro-denominated housing loans. Thus the 30-year loan is 6.69 pct. A loan of 50,000 euro comes with a 6.98 pct annual percentage rate. New lev-denominated loans bear a promotional ...

Bulgarian banks are discussing signing an agreement to place responsibility for contested transactions with chip card on the bank-owner of the device if it does not meet the Eurocard Mastercard Visa (EMV) standards and not on the bank-issuer, Bulgarian ...

Corporate deposits have dwindled by 1.202 bln levs compared to December 2007, central bank statistics showed. Household deposits have only gained 1.3 bln levs as the interest rates have been growing for months now. (1EUR=1.95 levs) Last year lenders ...

Trade turnover between Bulgaria and the German province of Bavaria totaled 637 mln euro in 2007. As a representative of the German banking system in Bulgaria, MKB Unionbank makes sure to give timely and strong support to Bulgarian manufacturers that ...

The worse of the financial crisis is yet to come and its effects will be seen on a global scale over the next couple of years, experts of Unicredit Global Research told Dnevnik daily. The economy is now seeing direct losses from cauterized debt ...