Airlines for passenger transport will not receive state aid, although the updated budget envisages a target of 30 million euros, the chairman of the Bulgarian Aviation Industry Association Todor Ivandzhikov has told BNR.
According to him, the criteria have been changed between the two readings of the law and just few airlines will benefit from the aid. "The rearrangement of the market is in favor of low-cost international carriers, which is to the detriment of both the Bulgarian airlines and the treasury, as foreign companies do not pay taxes in this country," he said. According to him, the losses equal millions of euros and they affect passenger transport companies the most. Two out of 17 have already returned their licenses because they can not cope with the situation.
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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