News

Bulgarian company Stad has announced plans for a logistics center of the same name to be built in Sofia's Kazichene borough.

  Classic, blues, fusion, Latin, nu-jazz, gipsy jazz, R&B, soul, afro-beat and other jazz styles.

  All of these may be experienced in Bansko this August. This year, the small town in the Pirin mountain celebrates the 10th anniversary of the Bansko International Jazz Festival. In the past decade, the event has become a world-class attraction, combining the incredible mountain scenery with the modulations of jazz. The open stage, combined with the mountain nights, creates an atmosphere that is special. The event will start on August 8 and will last till August 13. Organisers promise that it will be true feast of music.

  Especially for the jubilee, organisers have invited an audience favourite, an Egyptian band led by virtuoso percussionist Yehya Khalil.  

Accession to the European Union is inevitably going to play a central role in the future of property investment in Bulgaria.

Bulgarian property is already proving popular with investors looking for long-term capital growth, but there is no doubt that accession to the EU will encourage many more to purchase properties in the country with a view to capitalising on the extensive house price growth that will presumably ensue.

The road to EU membership has certainly been a bumpy one for Bulgaria and reports on its progress have let officials know that there is still some work to do.

Despite this, financial experts in the country are seemingly confident that everything is on track to join on January 1st next year. The implications for property investment could be immense.

Speaking to the Sofia News Agency, Mr Maxim Behar, head of the Bulgarian Business Leader Forum, said: "I am even more optimistic than before. I am sure that we are going to join the EU on January 1st 2007. The tone of the monitoring report is very positive."

The fifth edition of the largest real estate trade show in Bulgaria, Real Estate Expo, took place from October 20 to 22 in Sofia.More than 100 participants presented various opportunities for investment in real estate and information about the property market developments in Bulgaria.Participants also presented investment opportunities in France, Dubai, Italy, Germany, the US and the Caribbean region.

Latino star Raul Paz, born in Cuba, landed in Sofia in a cap and glasses-on manner more appropriate to a tourist than to a celebrity as he is.
Paz, who lives in France, has come here to give the official opening of Jazz Festival Bansko 2006 kicking off with a latino fiesta on Tuesday.
The French-Cuban legend will perform hits of his latest album Revolucion recorded in the studios of Buena Vista Social Club in Havana.

Bulgaria’s town of Vidin is to host for the fourth time the Comedy on the Balkans international theatre festival, Bulgarian news agency BTA reported.Vidin municipality and the municipal drama theatre have organised the festival, to be held from October 16 to October 26 2006, BTA said.