Parliament Extends until 2020 Ban on Sale of Land to Foreigners

Parliament Extends until 2020 Ban on Sale of Land to Foreigners

Bulgaria’s National Assembly extended until January 1, 2020 a moratorium on the purchase of land by foreign individuals and juristic persons until January 1, 2020.
The MPs adopted the decision in a 171 to 38 vote on a motion by the far right Ataka party. Twelve MPs, all from the Socialists’ Coalition for Bulgaria, abstained from voting. 
The moratorium was backed by 59 MPs of the Coalition for Bulgaria, 89 of centre-right GERB and 23 of Ataka. 
Thirty-four MPs of the ethnic Turks’ Movement for Rights and Freedoms and four of Coalition for Bulgaria voted against.  
During the debate in parliament preceding the vote, the National Assembly speaker Mihail Mihov warned that a decision to extend the ban on the sale of land to foreigners runs counter to Bulgaria’s commitments to the European Union.
 
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