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.
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The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
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KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the..
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