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Archive for the ‘Bulgaria’ Category

Residential market: luxury is in demand!

In Bulgaria on October 20, 2008 at 9:38 am

Real estate market, Bulgaria, 1990. The idea of a decent dwelling equals to a new panel block of flats long-awaited to become suitable to live in. The space around the block provides vast green areas.
Eighteen years later the model shifted to a gated community of small blocks of flats located in a prime capital neighborhood. The dream home is associated with easy access to major transport thoroughfares, security, maintenance and property management, cleaning services, dinner and babysitter on order and gym under the building.

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Bulgarian corruption troubling the European Union

In Bulgaria, News of the Day on October 16, 2008 at 2:44 pm

The International Herald Tribune


SOFIA: Politics is played to the death in Bulgaria, where the lives of politicians can be as cheap as spent bullets and murky business groups wage a murderous struggle for their cut of everything from real estate deals to millions in European aid.

During a furious political season last year, the home of the chairwoman of a municipal electoral committee was set on fire and the garages of mayors were firebombed. The mayor of a golf resort town in central Bulgaria was shot and killed with seven bullets – the same number that killed the wealthy city council chairman in the outwardly idyllic Black Sea port of Nessebar.

“Other countries have the mafia,” said Atanas Atanasov, a member of Parliament and a former counterintelligence chief who is a magnet for leaked documents exposing corruption. “In Bulgaria, the mafia has the country.”

By almost any measure, Bulgaria is considered the most corrupt country in the 27-member European Union. Since it joined last year, it has emerged as a cautionary tale for Western nations confronting the stark reality and heavy costs of drawing fragile post-Communist nations into their orbit, away from the influence of Russia.

The United States helped Bulgaria into NATO, has rotated troops through for joint exercises since 2004 and has tried to encourage commerce, education and democracy. It has just announced that it will invest more than $90 million in the next two to three years in facilities and equipment for joint military exercises in Bulgaria.

You can see the full article at the IHT site

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