Residents on Protest against Bansko Ski Zone Project

Politics | May 20, 2005, Friday // 00:00
Residents on Protest against Bansko Ski Zone Project In front of Sofia-based office of EBRD, environmental activists staged a protest against a ski zone project in the area of Bansko, Pirin Mountain, financed by the bank. They wanted finances cut off to stop the project. Photo by Y. Nikolova (SNA)

Residents from Bulgaria's Pirin area, to the south, gathered in front of the resident office of the European Bank for Reconstruction and Development (EBRD) in Sofia to protest against a bank-sponsored project.

The EBRD, having 20% equity in Bulgaria's First Investment Bank, finances a major project for the construction of a ski zone in the area of Bansko.

According to protestors coming mainly from various ecological organisations, the project comes into breach with Bulgarian and international law, as well as with the EBRD's Environmental Procedures.

They fear the major investment and urbanization of the mountainous area will affect the natural balance, pollution and shortage of water, erosion and obliteration of virgin woods to result in the loss of local biodiversity.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Politics » Be a reporter: Write and send your article
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria