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WORLD PROPERTY CRISIS HINDERS MARKET BOOM IN BULGARIA

The increase in Bulgaria in 2008 will be slower than in 2007 because of the residential property market crises in the US and Europe. The prices in Bulgaria would not drop, but the increase will remain within 10 per cent, experts said as quoted by Pari daily. After years of growth, the prices of real estate in some European markets went down. Spain and Ireland registered a firm decrease in the prices, property became less

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