'Healthy' economic landscape in Bulgaria
The economic situation continues to be healthy in Bulgaria, news that may be of interest to those looking to invest in property in the country.
According to new figures released by the Economist Intelligence Unit (EIU), the economic growth rate in the country has reached 5.8% in 2007 so far, reports the Sofia Echo.
In comparison, the growth level in Romania is 6.5%, the figures stated.
The average growth among member states in the EU is 5.9%, the EIU claimed.
Moreover, Bulgaria's level of inflation is set to be 5% by the end of the year, the paper reports.
Average inflation for the remainder of the EU is set to be at 4.3% in 2007, it adds.
In related news, comments from the market analyst Property Secrets suggested that one of the next property hotspots could be Sofia in Bulgaria, largely because of increased affluence among people and supply of properties.
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