Victoria Group Developments

They say that when God endowed the nations of Europe with lands and goods he forgot the Bulgarians. After that, to correct his mistake, he gave them not a piece of the land of Europe but a piece of the Paradise…

Indeed Bulgaria could be called the heavenly corner of the European South-East that attracts more and more investments in many areas of the economy, estates and tourism.

Some facts and figures:

• Five years average GDP growth of 4.9%
• Budget surplus, low inflation, currency tied to EUR
• 80% private economy
• EU and NATO membership
• Steady and improving investment rating of Bulgaria
• Foreign direct investments at 11.7% of GBP (EUR 2.3 bn in 2004)
• Developing sector of small and average businesses
• Good traditions in certain fields- food industry, tourism, electrical engineering, pharmaceutics etc.
• High quality of education
• Political, economical and ethnic stability
• Law system in accordance to the European one
• Low general levels of the taxes compared to the EU countries
• Ancient culture on the crossroad between East and West
• Mediterranean temperament and European pragmatism
• Historical heritage sites oh world importance
• Extremely varied relief – large plains and lowlands, low and high mountains, valleys and lovely gorges
• Temperate continental climate with clearly marked seasons

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