Is Macedonia the next Bulgaria? Massive economic restructuring suggests the potential for a property market getting ready to take off.
Is Macedonia the next Bulgaria? Massive economic restructuring suggests the potential for a property market getting ready to take off.
8th November 2007
By Anna Grybel
As a small, landlocked country located in southern Eastern Europe - a region that is still perceived as a volatile area, Macedonia's lacks significant natural resources and developing industries.
But Macedonia is located next door to Bulgaria and the countries have a lot in common.
Like Bulgaria, a significant part of Macedonia's potential lies in tourism - and economic development nationally is highly dependant on the inflow of foreign investments.
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