49.1% of the Bulgarian hotels are planning to offer their clients an alternative period to use their holiday bookings. 62.9% intend to reduce the price of package services and 46,7% are planning to cut prices of accommodation, data of a survey conducted by the National Statistical Institute in April among hoteliers who were forced to suspend their business due to the state of emergency show. In medium term (May-June), 40.8% of the managers forecast that they will be able to cover up to 50% of their operating costs with own financing and only 16% of the surveyed believe that they are able to cover 100% of their operating costs with own money. 56.6% of the respondents intend to continue working, yet at lower capacity, 24.3% expect to suspend their activity and 13.5% of them expect to fully restore their business.
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic situation continues to fall, dropping by 4.7 points in July 2025, to minus 21.1 percent, National..
The National Social Security Institute pays 16,000 out of the total of almost 2 million pensions to Bulgarians abroad. The biggest number of Bulgarian pensioners lives in Germany – 4,100. There is one Bulgarian pensioner living in South Korea and one..
The expected decline in Bulgarian exports to the US due to the new tariffs is about 32.8%. This is 1.5 percent of the country's total exports, says Deputy Minister of Economy and Industry Doncho Barbalov. The decline in Bulgarian GDP in 2025 due to the..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be..
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