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

4.2% decline in exports to the EU in January - April 2025

In the first four months of the year, export of goods from Bulgaria to the European Union decreased by 4.2% compared to the same period last year and amounted to 8.6 million euros, BGNES reports, quoting data from the National..

published on 7/10/25 2:36 PM

Police uncover the largest illegal cigarette factory in Bulgaria

An operation by the General Directorate Combating Organized Crime and the Supreme Cassation Prosecutor's Office has uncovered the largest illegal cigarette factory to date, Radio Stara Zagora of the Bulgarian National Radio has..

published on 7/10/25 1:53 PM
Elisa Spiropali and Natalia Kiselova

Albania wants cooperation for peace with Bulgaria, Kosovo and Croatia, Elisa Spiropali says

Albania is extremely committed to security and peace in the region, said the Speaker of the Albanian Parliament, Elisa Spiropali, who is on an official visit to Sofia. After a meeting with her Bulgarian counterpart Natalia Kiselova,..

published on 7/10/25 1:41 PM