Experts do not expect a "euro effect" on the real estate market
No dramatic changes are expected after Bulgaria's entry into the Eurozone, but the government's information campaign is delayed, while opponents of the euro remain active. This was the consensus during a discussion organized by the Association for Receivables Management.
Real estate market experts stated that they do not expect any significant changes in the months following euro adoption. Gergana Tenekedzhieva, CEO of Address Real Estate, commented that no changes should be expected in the real estate market within 6 to 9 months after joining the Eurozone. "It's simply too short a period for any substantial dynamics to occur, all else being equal," she explained.
She also pointed out that Bulgarians are used to thinking in levs, except when it comes to property prices. Sellers often list prices in euros and insist on receiving payment in euros, not in levs converted at the official BNB exchange rate, forcing buyers to convert currency.
A1 restores network after outage
Mobile operator A1 announced it has resolved the "technical difficulties" in its 2G and 3G networks that caused disruptions to some incoming and outgoing calls and SMS services across parts of the country earlier today.
"If you still can't reach A1 numbers or others can't contact you - please restart your phone. We apologize for the inconvenience," the company said in a statement on its website.
This morning A1 reported issues in various regions of Bulgaria, attributing them to "technical difficulties" without providing further details. Vivacom also experienced a major outage just days earlier. The A1 disruption follows widespread mobile network outages reported across parts of Europe yesterday.
More than 50,000 people settled in Bulgaria in 2024, 13,000 emigrated
In 2024, Bulgaria's population decreased by 8,121 people (0.13%), reaching 6,437,360 at the end of the year, according to the National Statistical Institute. Both births and deaths declined compared to 2023. More than 50,000 people moved to Bulgaria - returning Bulgarians and foreign immigrants, while only 13 thousand emigrated.
Sofia remains the most populated area with more than 1.2 million residents, while 199 settlements have no inhabitants. The least populated region is Vidin (70,000 people), and the most populated is Sofia with nearly 1.3 million. Three-quarters of Bulgarians live in urban areas. Six cities have populations exceeding 100,000: Sofia, Plovdiv, Varna, Burgas, Stara Zagora, and Ruse.
Experts do not expect a "euro effect" on the real estate market
No dramatic changes are expected after Bulgaria's entry into the Eurozone, but the government's information campaign is delayed, while opponents of the euro remain active. This was the consensus during a discussion organized by the Association for Receivables Management.
