Sofia, Varna, and Burgas are increasingly becoming Bulgaria's key investment destinations

Three major cities – Sofia, Varna, and Burgas – are increasingly becoming Bulgaria's key investment destinations, a trend that is exacerbating the country's depopulation, according to a report of the Institute for Market Economy (IME), a Sofia-based NGO.Because...

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Sofia, Varna, and Burgas are increasingly becoming Bulgaria's key investment destinations



Balkans Business News Correspondent - 09.11.2012

Three major cities – Sofia, Varna, and Burgas – are increasingly becoming Bulgaria's key investment destinations, a trend that is exacerbating the country's depopulation, according to a report of the Institute for Market Economy (IME), a Sofia-based NGO.

Because of the economic crisis and ensuing unemployment a greater percentage of Bulgaria's population is seeking relocation opportunities in Sofia, with Varna and Burgas on the Black Sea coast also attracting some people as well as investments, the IME report entitled "Regional Profiles: Development Indicators" has concluded.

According to the report, the Western Bulgarian city of Kyustendil is generating the lowest interest among investments, Novinite.com reports.


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