Sat, Nov 21 2009

Bulgaria remans top of the chart, with 18.8 per cent of all demand, followed by the US, Spain and Germany
Sofia mayor Boiko Borissov presented the report on inspections of 79 establishements in Studentski Grad in Bulgaria's capital. "We're both guilty, the state and the municipality," he said.
Sofia municipality has made it a priority to install street lamps where there aren't any, to fix those that aren't working and have the Studentski Grad borough (Student Town) well and thoroughly lit up to facilitate surveillance and reduce the dangers of risk areas, Interior Minister Mihail Mikov said after a meeting with municipal leaders from the Bulgarian Socialist Party (BSP) on December 23.
Night club Amnesia in Sofia's Studentski Grad (Student Town), which became notorious after student Stoyan Baltov was beaten to death outside the club, will have to be torn down, Bulgarian media reported. After an inspection by National Construction Control Directorate (NCCD), it appears the club was built illegally.
Sofia mayor Boiko Borissov said on December 21 that he asked Sofia prosecutors to investigate Ventsislav Doudolenski and Teodor Kolarski, the former mayor and chief architect of the Studentski Grad district, respectively, on suspictions of abusing their powers. Borissov claims that the duo have overstepped their authority by allowing the illegal construction and operation of the Amnesia disco, in front of which medical student Stoyan Baltov was murdered on December 5 2008.
Home to 25000 students, Sofia's Studentski Grad, or Student Town, really only comes alive when the school day is through. At night, music pulsates from underground clubs hidden in vacant lots and in the basements of Soviet-era dorms, according to the New York Times. Since Bulgaria's admission to the EU in January 2007, low housing costs, lenient zoning rules and young residents have fostered a thriving club
The Black Sea town of Pomorie has approved a proposal for the construction of a spacious and modern marina, with a capacity of over 600 yachts and small passenger ships.
Over the course of a year, from one of the leaders in Europe in new construction, Bulgaria became one of the countries currently quagmired at the bottom of the table and was now amongst the three worst hit countries, along with Romania and Slovenia.
The park is posed to act as an economic stimulant in the region, creating a modern infrastructural base for companies. It is set for completion by Q3 of 2010.
Both retailers target at least 50 outlets in Bulgaria by the end of 2010.
When will Bulgaria’s real estate and construction sector recover?
Great article. Good job :)