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

Tour operators demand a Guarantee Fund to save their business

Photo: Pixabay

The associations of tour operators and travel agencies which have not been working for a year are demanding a meeting with the prime minister, writes travelnews.bg.

In their letter they point out that the most pressing problem is the refunds to clients whose holidays and travel have been cancelled due to the pandemic in 2020. According to the sector the refund sums amount to 75 million euro. That is why they are demanding the creation of a Guarantee Fund to protect consumers in the event of insolvency of the tour operator.

The fund will save the sector and help its recovery. This is particularly important now, as 13 March approaches when the clients have to be refunded, they write. 

The government has already allocated over 25 million euro for compensating clients for travel cancellations.



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

Photo: Bulgarian Sunday School

Bulgarian Sunday School in Finland organises online language course for foreigners

Bulgarian Sunday School "ABV" in Finland has announced the creation of a new online Bulgarian language course for foreigners. The publication on the official website of the educational center reads that the 45-minute classes in the..

published on 7/9/25 1:30 PM

Prosecutor's Office and Anti-Corruption Commission investigate contract with Botas

The Sofia City Prosecutor's Office is conducting pre-trial proceedings regarding the contract between Bulgargaz and the Turkish state-owned gas company Botas, the prosecutor's office's press center announced. Actions are being taken..

published on 7/9/25 1:17 PM

Parliamentary groups comment on the country's accession to the Eurozone

Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..

published on 7/9/25 11:28 AM