I was looking forward to going to Sofia in November but looks like it has all fallen through, more time to save for China I guess! From the website:
Due to unforeseen circumstances, restricted organizational capacity and unexpected financial strains, jeopardizing the initial budget, it is with great regret that the FISM European Executive Board has to inform you that the FISM European Championships of Magic, planned to be held in Sofia, Bulgaria, from 6 to 9 November 2008, have to be cancelled.
The first European Championships of Magic are postponed to a later date, to be announced as soon as possible.
European Executive Board