Podcast in English
Text size
Bulgarian National Radio © 2024 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

“Space weekend” for the lovers of astronomy in Cherni Osam

Leading researchers and lecturers from the St. Kliment Ohridski University in Sofia and the Institute of Astronomy and National Astronomical Observatory of the Bulgarian Academy of Sciences will be paying a visit to the Museum of Natural History in..

published on 11/2/24 7:45 AM

Celebrating the walnut - the village of Oryahovitsa organizes a festival dedicated to its symbol

The village of Oryahovitsa, Stara Zagora region, today celebrates its symbol - the walnut tree.   There will be a Festival of the Walnut with a varied programme featuring the Kazanlahsko Nastroenie (Kazanlak Cheer) Orchestra, the soloist of..

published on 11/2/24 7:30 AM
Boris Ruge

Balkan Developments

Disputes in Croatia over sending military personnel to NATO mission in support of Ukraine NATO Acting Deputy Secretary General Boris Ruge visited Croatia to explain to local MPs about the Alliance's mission in support..

published on 11/1/24 2:22 PM