Credit crunch goes skiing
The snowballing turmoil that has frozen the global financial markets is breathing ice into Bulgarias winter resorts as well, tourism sector representatives said. It was only last year that Bulgarias top mountain resorts of Bansko and Borovets, near Sofia, and Pamporovo, in the south, enjoyed doubledigit growths in tourist numbers. But the crisis dampened new hopes and had the sector bracing up for lower levels. Hotels and apartment complexes mushrooming in the recent years are in for a cold winter.
Tags: Bulgaria, for sale, property, real estate