In the second trimester of 2017 house prices in the EU (and in particular in the Eurozone) saw the biggest increase in the past 10 years. In Bulgaria the increase of house prices during that period was twice bigger than the EU average, data of Eurostat show. Thus, Bulgaria placed among the five EU countries with biggest increase of real estate prices in the second quarter of 2017. House prices in Bulgaria increased with 8.6% year on year, prices in the Czech Republic saw 13.3% increase, prices in Ireland went up by 10.3%, in Lithuania by 10.2% and Latvia-by 9.6% year on year.
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report by the European Commission on the state of the border-free zone, presented today. The report..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the National Seismological Centre at the National Institute of Geophysics, Geodesy and Geography at the..
The INSAIT Institute at the University of Sofia has released its first language model in a foreign language. MamayLM was created for the Ukrainian state and is the most powerful Ukrainian language model to date, according to the Ministry of Education...
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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