Inflation in Bulgarian is now increasing faster than any other EU country, (according to this article):

http: / /bonoboathome .blogspot .com /2007 /10 /implications -of -bulgarias -inflation .html

The figures I have seen for 2007 indicate the annual rate was at a very high 12%. This is partly due to the increased food costs due to the very poor 2007 harvest, but other factors are at play here. On its current course it looks like the 2008 target of 4.4% is likely to be more than doubled in reality!

Is the Bulgarian economy in real danger of overheating?? What are the main implications property investors should be looking at?

I look forward to your views on this subject.


Marcus P

Hi Marcus

There's no doubt that inflation is heating up in Bulgaria. Maybe a bit of credit crunching is just what it needs?

Have a look at

http: / /propertysecrets .net /blogs /max _growth /made _in _america _what _the _global _slowdown _means _for _cee _and _for _property _investors /post -120 .html

and see what you think.

Cheers