(What is this?)
Home > Bulgaria > Property > News : Bulgarian economy boosted by service sector
Not registered?  Join IPIN now FREE   |  Forgot password?

Bulgarian economy boosted by service sector

Article Date : Monday, September 24, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Bulgaria's popularity as a holiday destination has become a key driver of economic growth in the country, new figures have shown.

According to the country's National Statistics Institute, the service sector has expanded by 8.8 per cent in the last year, reports the Sofia Echo.

This has largely come about as a result of the emergence of Bulgaria as a highly popular tourist destination, as it has led to the creation of new jobs and business opportunities across the country.

Figures showed that Bulgaria's gross domestic product (GDP) for the first half of this year was 6.4 per cent higher than at the same time in 2006.

The increased GDP, which was placed at 24.5 billion Bulgarian leva (£8.8 billion), could be welcome news for overseas property investors, as growing tourism has encouraged many to invest in rental accommodation in the country.

Recently, investors were advised by Property Secrets to consider buying in the Bulgarian capital Sofia, as it had millions of potential tenants on hand all year round.
Listing Separator

Related Articles

  1. More delays for VidinCalafat Danube bridge
  2. Sofia City Hall to ban construction in Studentski grad
  3. Bulgarian banks go cold on loans for overdeveloped resorts consultants
  4. Wise Words for the Bulgarian Property Economy’s Future
  5. Bulgaria’s Property Market Could Go Either Way



Listing Separator

Let us search for you Let Us find Property in Bulgaria for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Bulgaria.
Let us searchHelp me find property in Bulgaria


Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Bulgaria
Channel: All

More RSS FeedsGo

View News by ChannelView News by Channel

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo

Media/Press SectionMedia/Press Section

Are you a Press or Media professional? We have access to a wide and varied collection of data and statistics which may be of interest to you.

Journalists click hereGo

View News by ChannelSee Your News Here

Submit your news feed for spidering by our news robot. Simply enter the url of your RSS feed in the text box below and click the submit button

Submit Your RSS FeedGo