Sun, Nov 22 2009
Photo: Nadezda Chipeva
More than 19 000 sq m of new office space have been made available. Additionally, five new shopping malls are under construction in Sofia alone.
Mixed signals for the Bulgarian real estate sector but long-term optimism about business investment in the country thanks to low labour costs.
Parcels are used either for development or long term investments. In the first instance, the active party are supposed to be the construction companies, but given current market conditions, they are in a bad state. The latter case – long term investment – simply no longer exists.
The European Commission is taking Bulgaria to court for delays in providing Sofia with adequate waste disposal facilities.
James Warlick is the spouse of Mary Warlick, director of the office of Russian affairs at the US state department, who has been nominated to serve as ambassador to Serbia
Bulgaria’s Health Ministry announced on November 20 2009 that the flu epidemic declared two weeks earlier is at an end as rates of infection decline. The announcement coincides with reports of two deaths from A (H1N1) flu in Bulgaria.
Acting on allegations by Democrats for a Strong Bulgaria leader Ivan Kostov, prosecutors and Government officials are to probe deals by which Movement for Rights and Freedoms leader Ahmed Dogan acquired various properties.
Prosecutors allege that a deal agreed by the former defence minister caused losses of 12.9 million leva.