The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the Schengen Area will have on the sector. (The country became a full member on 1 January 2025.)
A decline in the Romanian market would not be surprising, given that Romanians now have easier access to Greek seaside resorts, ABTTA Vice-President Dimitrina Goranova commented in an interview with BTA.
She added that, if tourism grows during the summer, it will come from the main traditional markets, such as the United Kingdom, Germany, Poland and the Czech Republic.
Ms Goranova also said that, according to preliminary estimates, the price of holidays on the Bulgarian Black Sea coast will not increase by more than 10% this summer.
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry..
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