Yahoo is to close its personal web hosting site GeoCities later this year. In a statement, the firm says it will no longer be accepting new customers and will focus on helping \"customers build new relationships online\". Yahoo bought GeoCities for $3.57bn at the height of the dotcom boom in 1999. At its peak, GeoCities boasted millions of active accounts, but it has since fallen out of fashion, with users migrating to social networking sites. Yahoo says that existing GeoCities accounts will remain live for now, although it stresses that users should start looking for alternative sites....

Facebook users have voted to back changes which give them control over data and content they post on the site. Early results suggest 75% of those who voted support the proposals. The vote was triggered by changes Facebook made to its terms and conditions in February. The move drew fire because it appeared to hand the social network site ownership of images, videos and data that users posted on profile pages. The fiance of a young woman who was raped after a night out in Manchester has set up a group on Facebook in an attempt to catch her attacker. The 20-year-old woman was found by police lying shaking in undergrowth after she was raped in the city on 3 August 2008. Almost 6,000 people have joined ...

Rusenski Lom People’s Park Friends’ Club and the Rusenski Lom Nature Park Directorate are partners in a project of the Parks of Bulgaria Association, called „Development of a manual on activities planning in the lands and forest fund that come to NATURA 2000 protected areas and pilot testing in “Lomovete” and “Shumensko Plato”. The project’s goals are as follows: Creation of a detailed tools for the management of the planning in the forests that are included in state’s ecological network; Flying start of the preparatory process for management plans of the protected under NATURA 2000 sites; Inclusion of local communities as well as their civil organizations in the planning and management of NATURA 2...

Rusenski Lom People’s Park Friends’ Club is partner under a project, financed by WWF, and executed by the Business Centre in the town of Kahul, Moldova, together with the Regional Agency for cross-border cooperation Euro region „Low Danube” Reni, Ukraine and „The Centre for Ecological Consultations” of Galati, Romania for the establishment of an Internet based platform for exchange of information and partnership in the region of Low Danube Green Corridor. The information exchange embraces a wide scope of social, economic and ecological issues, such as: Agriculture; Climate and Energy; Consumer Policy; European Ecological Policy; Ecological Integration; Foreign Policy and Security; Forests; International...

Amazing panoramas reveal form each height of the Rusenski Lom Nature Park. They entangle the endless curves of river valley, the forests, the beautiful jagged rocks, the old fortresses and the settlements. Among the most remarcable is the bird’s eye view of the ruins at Cherven. Rocks outline wide arc and in the foots, on the spacious hill embraced by the Cherni Lom River, the prominent stone ruins of fortifications, churches, residences, workhouses can be seen. The town of Cherven was situated here in thhe times of the Second Bulgarian Kingdom (13-th – 14-th centuries), one of the largest military, defensive, administrative, economic and ecclesiastical-cultural centres of the country. The town succeeded earl...

Those who are in the midst of off plan property purchases in Bansko, Bulgaria, will welcome information from Bulgaria Property Action Group who are working with distressed property purchasers. With several developers unable to complete on their current off plan projects, buyers are being offered \'relocation packages\'. In most cases the relocation offer will be a proposal to swap their current off-plan investment for a \'like-for-like\' apartment in another development by the same developer, which is already built or which will complete.

What has made this happen?
As buyers have dwindled, developers are heavily negotiating prices. Prices which are on the open market are frequently not the prices b...

SOFIA, Sept 23 (Reuters) - Bulgaria\\\'s new centre-right government plans to cut its bloated administration by 15 percent next year as part of efforts to reduce spending and overcome a deep recession, it said on Wednesday.

The government of the GERB party, which won elections in July, approved over 80 anti-crisis measures to be implemented by May next year to maintain financial stability in the European Union\\\'s poorest member state.

\\\'The aim is to achieve fast, real and sustainable results ... for the recovery of the economy,\\\' Deputy Finance Minister Anna Mihaylova told reporters. \\\'We can achieve, although it will be hard, a 15 percent optimisation of the administration.\\\'

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30.04.2010

Bulgaria: demand for small homes

Demand for smaller real estate in Bulgaria could increase this year as the number of small properties being built has fallen so much that there is not enough supply, it is claimed...

Small studio flats priced at around €25,000 have been accounting for 34% of total sales in the country\'s real estate market but few new projects are due for completion, according to property consultancy Address.

‘The supply of such types of studios is decreasing while new construction for the moment is rather dormant. This is likely to create a demand that is likely to surpass initial forecasts,\' said marketing manager Kaloyan Bogdanov.

Buyers are bargaining hard and in 87% of cases they are as...

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29.04.2010

Those buying property overseas may turn to Bulgaria

Brits considering buying property overseas may have a part to play in an anticipated increase in demand for smaller real estate in Bulgaria.

Small properties in the country have recently accounted for 34 per cent of the country’s real estate sales, however they are limited in supply as few projects are due for completion, property company Address suggests.

It also reports that buyers are working hard to make their money go further with 87 per cent of investors asking for discounts on asking prices.

In the first three months of the year the average discount achieved was €3,000 (£2,618).

“The supply of such types of studios is decreasing while new construction for the...

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16.04.2010

Bulgaria Municipalities Rise against Luxury Tax

Bulgaria\'s new tax on luxury goods, which the government plans to introduce to help fight the economic crisis and keep down the fiscal deficit, will not benefit the municipalities, mayors have warned.

“The introduction of levies for luxury properties and cars will enrich only the budgets of the bigger municipalities such as Sofia, Varna and Burgas,” representatives of the Association of the Bulgarian towns and regions alarmed.

According to them owners of luxury property are likely to try to evade the taxation by transferring what they have onto companies.

The new tax, announced in March after an extraordinary cabinet meeting called to discuss anti-crisis measures, would affect t...

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