Thu, Feb 09 2012

Moratorium on Saxe-Coburg's land

Fri, Dec 18 2009 16:19 CET

byThe Sofia Echo Staff

2623 Views 1 Comment
Moratorium on Saxe-Coburg's land

Simeon Saxe-Coburg

Photo: Assen Tonev

Parliament imposed a moratorium on any transactions involving the agriculture land and forests of the former royal family, Bulgarian-language Dnevnik said on December 18 2009.

The motion was proposed by the Order, Law and Justice party and was supported by ruling party GERB, ultra-nationalist Ataka party and the right-wing Blue Coalition.

The Bulgarian Socialist Party (BSP) and all but two of the MPs from the Movement for Rights and Freedoms (MRF) abstained from voting.

In 2003, during former Bulgarian monarch Simeon Saxe-Coburg's term as prime minister, Parliament decided to return the assets of the former royal family, seized by the Communist regime in 1946.

It was later alleged that during the restitution, about 452ha of forests near the town of Samokov were transferred to the former royal family with no legal basis for doing so.

On October 2 2009 the state forestry agency said that Saxe-Coburg had been given more than his due and that the state would go to court to recover them.

Before the state forestry agency’s announcement in October, critics of Saxe-Coburg had long alleged that forests had been given to him on a basis that was unlawful.

On November 4 2009, Agriculture Minister Miroslav Naidenov said he would file a court claim at the Sofia Regional Court on behalf of the state asking the court to recover some forest land awarded to Simeon Saxe-Coburg.

  • Print
  • Send via email
  • Translate to
  • Share:

Comments

Anonymous peter Fri, Dec 25 2009 18:09 CET
Report Comment

"On November 4 2009, Agriculture Minister Miroslav Naidenov said he would file a court claim at the Sofia Regional Court on behalf of the state asking the court to recover some forest land awarded to Simeon Saxe-Coburg"

Some forest land????? If it was unlawful why not take it all and give it back to the rightful owners instead of just giving it to the state?


To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

The state tries to recover land awarded to Simeon Saxe-Coburg

The former monarch and prime minister received the forests through the post-communist restitution process, but the state claims he got more than his due

Saxe-Coburg ‘quickly selling off forests’ – media report

Bulgaria’s former monarch Simeon Saxe-Coburg is quickly selling off forests he got under the country’s post-communist restitution process, a newspaper alleges, after the state said it would go to court to get some of the forests back.

Saxe-Coburg hits back in land restitution row

Simeon Saxe-Coburg responds to criticism that he had taken more land than he was supposed to as part of the post-communist property restitution process.

Former PM faces litigation over restituted forests

It was later alleged that during the restitution, about 452ha of forests near the town of Samokov were transferred to the former royal family without any grounds for it.

More in this category

Raiffeisen Real Estate: Prices of Sofia homes returned to 2007 levels

Average market prices of homes in Sofia fell by one per cent in the fourth quarter of 2011 compared to the same period of 2010, according to the Raiffeisen Real Estate Index, as quoted by Klasa daily.

Most property sales in Bulgaria were people wanting to escape their investment – report

Proportionately, the number of transactions in leva increased as people reacted to speculation that the euro would disappear.

Bulgarian property market: Home finance easier, media report says

Nearly all banks are ready to finance between 80 per cent and 90 per cent of the price of a home, provided it is a good building in a large city, Bulgarian daily says.

Bulgarian property prices ‘have hit bottom’ brokers say – report

Property prices in Bulgaria were five to 10 per cent lower in 2011 than in 2010, while initial estimates for this year are that they will remain largely unchanged, with transactions remaining at ‘crisis levels’.

Budapest, Skopje at top among ‘Europe’s top 20 places to invest in property’

Bulgaria’s capital city Sofia ranks 17th, report says, quoting Global Property Guide.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.