Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

A guarantee fund will protect the interests of tourists in the event of a tour operator's bankruptcy

Photo: BGNES

The Ministry of Tourism has published for public discussion a draft for amendments to the Tourism Act, which introduce various protections for tourists on organized trips in the event of a tour operator's bankruptcy. The measures also include those stipulated in the European Directive on package travel and linked travel arrangements. The draft will further secure consumers of package travel services in the event of a tour operator's insolvency.

It is proposed that the Tourism Guarantee Fund be based on a three-pillar protection system – preventive, insurance or bank guarantee, and participation of tour operators in a guarantee fund.

Currently, in the event of bankruptcy, an insurance policy mandatory for tour operators comes into effect. However, according to industry estimates, insurance levels often cannot provide sufficient coverage to settle with all parties in the event of insolvency, said Dnevkik.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Large quantities of fentanyl seized in nationwide operations

A record amount of fentanyl, ready for distribution, was seized in two operations carried out by the Main Directorate for Combatting Organised Crime (GDBOP) in Targovishte and Montana within a week, according to reporter Silvia Velikova...

published on 7/7/25 3:11 PM
Marian Bachev

Bulgaria is chairing the 47th session of the UNESCO World Heritage Committee

Minister of Culture Marian Bachеv welcomed participants to the 47th session of the UNESCO World Heritage Committee , which is being held under Bulgaria's chairmanship at the international organisation's headquarters in Paris. The session is being attended..

published on 7/7/25 3:01 PM

The international naval exercise BREEZE 2025 has begun in the Black Sea

From July 7 to 20, the Bulgarian Navy is conducting the 29th edition of the national naval exercise BREEZE 2025  with international participation , the headquarters of the Bulgarian  Navy  announced. The exercise is taking place in the territorial..

published on 7/7/25 12:43 PM