2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts still face major problems, he said in an interview with public service TV BNT. In the most popular seaside resort Sunny Beach there are issues connected with ownership and organization. “We talk about the season, but the rest of the time the hotel stands empty,” hotel operators say, Minister Miloshev commented. Because the international situation is so complicated the profile of the tourists has changed. “We no longer have Russian, Ukrainian, and to a great extent Israeli tourists. The prices have changed because of the inflation. The season must be extended towards spring and autumn. With the climate changes, autumn is growing more attractive for tourism, Evtim Miloshev said.
Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely..
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
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