Rouble rise prompts hopes that Russian economic crisis is easing | Business | The Guardian:
Uncle's Comment: The rapid drop in the value of the rouble will have a detrimental effect on the Bulgarian property market in that Russians are the biggest investors at the minute.However in the context of the property market, it may serve to drive prices further down and make them more attractive to other investors.The failure of the South Stream pipeline has already signalled a re-orientation of Russo-Bulgarian relations.
Uncle's Comment: The rapid drop in the value of the rouble will have a detrimental effect on the Bulgarian property market in that Russians are the biggest investors at the minute.However in the context of the property market, it may serve to drive prices further down and make them more attractive to other investors.The failure of the South Stream pipeline has already signalled a re-orientation of Russo-Bulgarian relations.
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