Court Says Ban on Farmland Sale to Foreigners Unconstitutional
Wednesday, 29 January 2014
A Bulgarian court declared unconstitutional a decision by the country's parliament to ban the sale of farmland to foreigners until 2020, the Bulgarian News Agency, BTA, reported.
The Constitutional Court unanimously decided that the extension of the deadline runs contrary to the country's Constitution and Bulgaria's EU Accession Treaty, BTA said.
In October, acting on a proposal by the far-right Ataka party, the Bulgarian parliament extended until January 1, 2020, an existing moratorium on the acquisition of farmland by foreign individuals and juristic persons. The ban was due to expire on January 1, 2014.