Bulgaria might lose EUR 1bn investment if it halts renewables
2009-12-17
Bulgaria might see upwards of EUR 1 billion of investments slip through its fingers if it imposes a moratorium on clean energy development, an industry expert warned on Wednesday. His statement comes after last week environment minister Nona Karadjov......
Bulgaria housing prices take one of steepest slides in Europe
2009-12-11
Bulgaria has suffered a drastic drop in home prices in the third quarter, with the 28% year-on-year decline softer only than in Latvia and Estonia, according to the latest report of UK-based real estate consultancy Knight Frank. The estimate ties up......
Sofia named Europe’s least green capital
2009-12-09
Sofia is the least "green" major city in the European Union, according to a study of the environmental sustainability of 30 major cities in 30 European countries prepared by Economist Intelligence Unit and Siemens. The European Green City Index, pre......
Bulgaria’s grid fit for just 17% of clean energy pipeline
2009-10-19
Bulgaria& rsquo;s power system has the capacity to hook up only 17 percent of the renewable energy projects announced so far, experts told a hydro energy forum held near the coastal city of Varna last week. Ventsislav Zahov, electricity regimes head at the state-owned system operator ESO, estimated that the network could accommodate up to 1,800 MW ...
New construction down 22 percent
2009-10-14
The new housing, office and retail buildings in Bulgaria fell by more than 22% in August 2009 compared with the corresponding month of last year, the National Statistical Institute (NSI) said Friday. Civil construction pulled off a smaller, 4.2% decrease. The total construction stock slipped by 17% year-on-year and 11.9% month-on-month. Simeon Pesh...