There Is Such a People spends most on its media campaign
A total of 1.2 million levs has been spent on media advertising by 21 participants as of ten days before the national election (as of October 16), according to an analysis by the Institute for Public Environment Development.
There Is Such a People (TSP) leads in media advertising expenses with 268,000 levs. Delyan Peevski's MRF-New Beginning comes second with 143,000 levs, spent between October 6 and 16. BSP-United Left ranks third with 137,000 levs.
TSP has signed two major contracts with bTV and Nova TV for airing campaign ads, at 124 and 125,000 levs respectively, which accounts for 93% of the party's total media ad spending.
MRF-New Beginning has followed a strategy of investing similar sums across a larger number of media outlets, a model GERB uses. Peevski's faction has already spent almost twice as much as the old (united) MRF did during the June 2-in-1 election, when the party allocated 82 levs for media promotion.
GDP grows by 1.9% in 2023
In 2023, Bulgaria's gross domestic product (GDP) increased by 1.9% compared to 2022, according to updated data released today by the National Statistical Institute (NSI). This figure is 0.1 percentage points higher than the preliminary estimate of 1.8% published in March. GDP growth in 2022 compared to 2021 was 4%.
Growth is observed across trade, auto repair, transportation, tourism, real estate transactions, construction, scientific research, finance, insurance, and public administration. In contrast, declines are seen in agriculture, mining, industry, and energy.
Fantastico to open new commercial complex on Arena Zapad site
Fantastico Group will be expanding its concept of proprietary commercial complexes at the location of the former cinema center Arena Zapad multiplex.
Located at 64 Todor Alexandrov Blvd. in Sofia, the complex will feature a Fantastico supermarket, a sports hall, a restaurant, an optics store, a dry cleaner, a bookstore, an insurance broker, a pharmacy, and more. The complex will be landscaped and will include both underground and above-ground parking.
According to the Property Register, on July 10 of this year, the group acquired the Arena Zapad building and two of the three adjacent plots for 29.9 million levs.
There Is Such a People spends most on its media campaign
A total of 1.2 million levs has been spent on media advertising by 21 participants as of ten days before the national election (as of October 16), according to an analysis by the Institute for Public Environment Development.