Lucy Stamenova

The Reformist Block referred the government decision to give priority to construction of a resort in Karadere to the prosecution..

The coalition also demanded the resignation of Economy Minister Dragomir Stoinev. 

According to the coalition, the project was in violation of the Limiting of Offshore Companies Act, recently passed by Parliament. 

Bulgarian Black Sea Association will demand of the state to stop access to “illegal camping sites” along the sea coast, such as Karadere. 

The investor which is to build a tourist resort in Bulgaria's Karadere area has shed light on its financing.

In an open letter to the media, Madara Europe disclosed information on financial sources that would be used for the project, after accusations it does not have the necessary funds at its disposal.

The construction of the Black Sea Eco Garden Resort at the Karadere area will start in September 2014, said Minister of Economy and Energy Dragomir Stoinev.

The construction will continue through September 2017, according to Stoinev who presented the project at the Monday meeting of Bulgaria's government.