Inexperienced investors and incompetent local authorities

23 April 2008 – 3:25 pm

Inexperienced investors and incompetent local authorities are the reason for the fiasco in the real estate sales in some resorts in Bulgaria according to the chief of UniCredit Bulbank Levon Hampartzoumian.
The person with hardly pronounceable name believes that most of the popular resorts will suffer difficulties which will reflect also on the Banks that [...]

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By survivor | Posted in properties | Comments (2)

Local elections in Bulgaria. And the winner is…

6 November 2007 – 6:22 pm

As you can imagine the winner is… mafia which tightens the grip. In the case with Bansko and the surrounding areas the “good” old mayors remain the same. One can easily see how much money are invested and about to be invested in the area so there is no interest to play “free” elections.

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By survivor | Posted in various | Comments (0)
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