Arbanassi

The village of Arbanassi is one of the most beautiful ancient villages in Bulgaria. It is located only 4 kilometers from the town of Veliko Tarnovo. With its revival architecture of houses and churches from 16th – 17th century it is real paradise for the tourists. The first written document for the village dates from 1538.

Arbanassi is a wonderful place for resting and tourism. It is located near the main road Sofia – Varna and has a good access to all important points in Bulgaria. It is very near to the old capital Veliko Tarnovo with all historic monuments that you can enjoy, and also to the town of Gorna Oryahovitza which is important railroad center and there is an airport too.

The zenith of the village is in the 17th and 18th century. In these times the village contains about 1000 houses and the inhabitants are rich families of traders. The main crafts in the village are farming, jewelery and vineyards. The people of Arbanassi have been exporting meat, leather and other animal products even to Baghdad and India, and on the back way importing spices, coffee and silk.

The evidences of the economical rising of the village are the big rich houses and the five churches built during the zenith. In the end of the 17th century – in 1792, 1798 and 1810 the village has been robbed and burned by bandits, and after that diseases like plague and cholera finish additionally destroy the life there. The richest traders emigrate to Romania and Russia. After 1810 new wave of people inhabits the village but the economical rising never turns back. Now we can see the monuments of this great past of the village.

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Bankruptcy of companies in the crisis

Since the beginning of the crisis the failure of companies in Bulgaria has raised with 80%, and the number of companies in insolvency has raised double. This is the data of the Registration agency. In 2008 in which end the crisis appeared for first time the companies in bankruptcy were 239, but in the last year the companies erased from the registry because of impossibility to cover their payments were 428.

The Registration agency statistics show that most affected by the crisis are the building companies, companies from the food sector and tourist agencies. The main reason of bankruptcies of tourist agencies is the practice of the big clients and the state administration to pay their plain tickets with a big delay, sometimes 45 days after the flight. Along with this the tourist agencies must cover their debts to the air flight companies twice monthly, otherwise they loose their license, which means bankruptcy.

In the building sector the bankruptcies are due to the following reason: the building companies that started projects in 2008 received huge credits by the banks and became dependent by them. After that they were forced to sign impossible contracts for interest of the credit of 12- 13 % in time when they earned profits only 3 – 4 %. In the end of the last year 1200 building companies were erased from the registry.

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Third of March – Bulgarian national feast

Third of March is the greatest Bulgarian national feast, celebrating the freedom and independence of Bulgaria after 500 years of vassalage in the Ottoman empire. On third of March 1878 is signed the contract in San Stefano that ends the war between Russia and Turkey and gives the first steps for freedom of Bulgaria.

After desperate battles with the overcoming Turkish troops, in 1396 Bulgaria finally looses its independence and is enslaved by the Ottoman empire. In the next five centuries the Bulgarians loose their country, identity, religion and freedom but don’ t loose their hope. After many riots smashed by the Turkish troops comes the rebellion in April 1876, brutally crashed by the turks again. This time the cruel treatment of the Turkish authorities, killing women and children and burning churches, houses and whole villages could not be left without consequences.

In 1877 Russia declares war on Turkey. 276 000 Russian soldiers are located on the Danube river and in June the same year the first troops cross it and step in Bulgaria at the town of Svishtov. This is followed by hard battles with the Ottoman troops that hold every piece of what is left of their empire. One of the most heroic moments is at the peak of Shipka in Stara Planina mountain, when outnumbered group of Bulgarian rebellions holds with everything possible the incoming Turkish army (on the picture). On third of March 1878 the war ends with victory for Russia and signing of the peace contract in the village of San Stefano near Istanbul. This is the beginning of the new independent Bulgarian country and one of the most glorious dates in the Bulgarian history.

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