Post-Communist Privatization

Romania returns Dracula castle to royal bloodline

The Transylvanian castle that inspired the Dracula legend is to be returned to royalty decades after Romanian Communists confiscated it.

In a move designed to clear up unfinished business before the country joins the European Union in 2007, the Romanian government is giving over ownership of the Bran Castle to Dominic von Habsburg.

This is not a trivial thing – the castlke is valued at $25M!