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.
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..
According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..
This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities..
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