Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

A Bulgarian businessman from Chicago wants to save the church "St. Ivan Rilski"

Saint Ivan Rilski Church in Chicago
Photo: bg-voice.com

The Bulgarian businessman Mihail Mihailov, who is based in Chicago, has bought one of the mortgages of the church of St. Ivan Rilski, reported BG Voice. The temple owes $370,000 to two banks that are suing the church for bankruptcy. 


Mihailov will join the lawsuit as a plaintiff in his role as holder of the first mortgage. 

The businessman's idea is to introduce a new management model to have double control over the finances of the church, which will be carried out only by Bulgarians. 

At the moment the St. Ivan Rilski Church is not part of the Bulgarian Orthodox Church, but is subordinate to the American Orthodox Church. The liabilities were accumulated after 10 years of litigation costs by Valentin Notskov, who was removed as a priest from the temple.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bansko Nomad Fest with lectures, networking and mountain experiences for remoters from all over the world

More than 800 digital nomads and entrepreneurs from 50 countries have arrived in Bansko for the 6 th edition of Bansko Nomad Fest – one of the biggest international events for remote workers. The festival, which is on until 29 June, offers a..

published on 6/28/25 10:55 AM

The paths after graduation – Bulgarian high school graduates in Brussels

The Bulgarian Embassy in Brussels hosted a meeting of high school graduates from the Bulgarian Sunday School "Peyo Yavorov" with the team of the diplomatic mission in the Belgian capital. The goal of this meeting was for young people..

published on 6/28/25 10:05 AM

Tvarditsa and the Church Rock Fest to shake the shores of Zhrebchevo Reservoir

The Tvarditsa and the Church Rock Festival at the Zhrebchevo Reservoir kicks off tonight at 8 p.m. and will continue through the night. Organised once again by the Municipality of Tvarditsa, the event coincides with the celebration of July..

published on 6/28/25 8:25 AM