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.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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