18 March 2020
Bulgaria declared a state of emergency on Friday 13th March, giving the government extraordinary powers.
As approved, the state of emergency is effective from now until 13 April 2020.
As part of the state of emergency from 18th March onwards, foreign nationals coming from the People’s Republic of China, the Islamic Republic of Iran, Bangladesh, the Maldives, Sri Lanka, Nepal, Spain, Italy, South Korea, France, Germany, the Netherlands, Switzerland, the United Kingdom and Northern Ireland will not be allowed to enter Bulgaria. People with residence permits and their family members are excluded from this restriction (“permitted foreign nationals”).
The permitted foreign nationals coming from the countries above will be placed in quarantine for 14 days. This may be through self isolation or in a hospital and it will be decided by the health unit at border control.
The state of emergency may be extended in time or in scope, etc.
Government administrative work has been affected by the emergency. Indeed, we expect certain delays.
To limit the spread of the virus globally, the European Council agreed to reinforce the EU's external borders by applying a coordinated temporary restriction of non-essential travel to the EU for a period of 30 days. Bulgaria has supported the measure and steps will be taken on the national level.
Authors: Ivan Petrov and Kamen Shoylev
Acquisition of City Center Sofia by Heitman Investment fund for €101.5m Acquisition of CCS
NBLO advised the investment fund Heitman European Property III on the €101.5m acquisition from Equest of the 'City Center Sofia', the most established and profitable urban shopping centre in Bulgaria. Since then, NBLO has been the sole provider of ongoing legal services to the Center, involving a variety of largely commercial property issues.
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