Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria's Regional Development Ministry will try to contest a deal with state property in Sofia in the courts, its head Minister Lilyana Pavlova has said.
Tsarski konyushni ("Royal Stables"), of which the state owned 84%, was sold by tye former Sofia District Governor Veselin Penev at suspiciously low prices. Penev subsequently stepped down and his resignation was accepted by the cabinet on Tuesday.
Pavlova told public broadcaster BNT, also on Wednesday, there were numerous issues with the deal that were yet to be made clear.
For example, the identity of the owner of 16% of Tsarski konyushni, who had purchased part of it years back, was disputed by several "owners", she added.
Secondly, a number of deals related to parts of the property had been sealed prior to the transaction done by Penev, despite the lack of certainty on the ownership.
Asked about reports that a mortgage had been placed on some of the privately-owned spaces, Pavlova told she had the same information, but called for patience before it was confirmed.
Additionally, the deal had not been agreed by all owners of buildings on the plot where Tsarski konyushni was located, which included the Agriculture Ministry, the Interior Ministry, and Sofia heating utility Toplofikatsiya.
"We have an act of disagreement, on paper, from the Agriculture Ministry, for the deal to go on," she added.
One of the alleged "plot owners", to whom Penev had sold Tsarski konyushni, meanwhile told private bTV station that the latest deal had followed a court dispute in which he had helped the state to regain 84% of the plot, unlawfully sold to an unnamed company along with the 16% share in question that he allegedly owned at the time.
Only then did he purchase the 84% from the state, he argued.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022