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Developers await EU decision on Bulgaria

Property developers are keenly awaiting tomorrow’s announcement from the European Commission  on whether Bulgaria will join the European Union in January.

Half a dozen or so AIM companies have been established specifically to cash in on the Balkan country’s remarkably low property prices.

They include Orchid Developments, Black Sea Property, Bulgarian Property Development, Lewis Charles Sofia Property Fund and Bulgarian Land Development.

References: The Independent 15/05/06 page 42 (Small Talk)

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