Fri, Feb 10 2012
Photo: Krassimir Yuskesseliev
Sofia Municipality contemplates on alternative energy source – solar panels, electric production, biomass and carbon trading as part of the long term 2009-2013 alternative energy efficiency programme
The turbines have been purchased and will be installed by another Italian company, Global Wind Power by the end of the summer
The International Agricultural Exhibition (AGRA), which opens on February 18 in Plovdiv, is Southeastern Europe's most successful agrarian forum.
Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.
Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.
Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.
Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.
Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.