Bulgaria Losing BGN 500 M/Year from Illegal Trading in Archaeological Artifacts

18 Nov 2014 9:31 AM | Anonymous

Bulgaria Losing BGN 500 M/Year from Illegal Trading in Archaeological Artifacts -

Bulgaria is losing an estimated BGN 500 M (EUR 250 M) a year from illegal trading in archaeological artifacts due to inconsistent legislation, a local NGO announced on Monday.

According to Shteryo Nozharov, a member of Bulgarian NGO Forum Association, about 5,000 treasure hunters are known to operate in the country. Authorities are aware of at least eight treasure hunters securing protection to illegal trafficking of artifacts via Austria and Germany to Canada, the US, the UK and sometimes Russia and Japan.

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