Building Plot For House Near Varna - ID 2934

Bulgaria To Possibly Introduce Compulsory Consolidation Of Farming Land 14/11/2008
Bulgaria must adopt a new legal mechanism to force land owners to consolidate their plots when 51% of them agree on such move, as proposed by Vesselin Petrov, Executive Director of the ELANA Property Management.According to the proposal, the remaining 49% of the owners would have to accept the consolidation regardless of their opinion.The proposal was discussed on Tuesday at a conference dedicated to investments in farm lands.Valery Tsvetanov, Bulgarian Agriculture Minister and Kamen Kolchev, Chair of ELANA's Board of Directors united around the idea that land consolidation was the main issue for Bulgarian agriculture.Kolchev further stated that the consolidation must become a priority for the next Bulgarian Cabinet.ELANA is one of the biggest non-banking financial groups in Bulgaria... more

Iban Introduced In Bulgaria From June 5 2006 20/03/2008
The Bulgarian National Bank (BNB) launched on March 1 an awareness campaign for the introduction of the IBAN standard. The IBAN (International Bank Account Number) format will become effective on June 5 2006, and after this date all local payments and transfers from Bulgaria will be made from client IBAN accounts, said Dimitar Kostov, deputy governor of BNB. The new bank account numbers will have 22 symbols instead of the current 10 and will feature letters along with the figures. On March 1, all Bulgarian banks started replacing the numbers of the more than six million accounts used by companies and individuals to date. This account number would guarantee the security, speed and quality of local and international bank transfers, said Levon Hampartzoumian, executive director of... more