EU Annual Inflation Slows in March 2024, Bulgaria's Rate at 3.1%
Eurostat's latest report revealed a slowdown in annual inflation across the European Union, with the figure dropping to 2.6% in March 2024 from 2.8% the previous month
Bulgarians' Tourism Spending Figures - Too Good to be True
- Tweet
Send to Kindle
Holidaymakers on the beach in Bulgarian Black Sea resort Obzor. Photo by BGNES
EU statistical office has deleted figures about Bulgarians ranking fourth in the united bloc by spending on holiday trips and tourism, proving media speculations they were too good to be true.
Earlier this week Eurostat published surprising data, which showed that despite the financial crisis and the lowest wages in the EU, a Bulgarian national spent an average EUR 2100 on holiday trips and tourism in 2011.
According to the ranking Bulgarians were preceded only by the citizens of Luxembourg, Denmark and France.
The statistics prompted journalists to raise additional questions about the way the data has been collected and it turned out to be the fault of the local institute methodology. Its definition for tourism expenses encompasses all types of trips, including immigrant's travels and students going abroad for training.
Bulgaria's national statistics institute however has assured that its work is fully compliant with the requirements of the European Union and Eurostat.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Bulgaria's Industrial Sector Sees 8.4% Year-over-Year Decline
Bulgaria’s industrial sector faces a notable downturn, registering an 8.4% year-on-year decline in seasonally adjusted production for February 2024, as per the latest estimates from Eurostat
Bulgaria Braces for Easter Tourism Boom: Over a Million Trips Expected
As the Orthodox Easter coincides with May this year, Bulgaria is gearing up for an unprecedented surge in travel, predicts Rumen Draganov, director of the Institute for Analysis and Forecasting of the Information Environment in Tourism, in an interview wi
Bulgaria Ranks Second in EU for Housing Price Growth: Eurostat Report
According to the European statistical office Eurostat, housing prices, measured by the House Price Index, increased by 0.2 % in the EU during the fourth quarter of 2023 compared to the same quarter of the previous year
Stability in Bulgaria's Unemployment Rate Amid Consistent Figures Across the EU
Recent data released by the European Statistics Office Eurostat shows that the unemployment landscape in the European Union (EU) remained stable in February, with the unemployment rate holding steady at 6 %
Schengen Entry to Boost Bulgarian and Romanian Tourism, Experts Say
The entry of Bulgaria and Romania into the Schengen area by air and sea is anticipated to have a significant impact on tourism, with experts predicting a substantial increase in visitor numbers
Shocker: Bulgaria Drops from UK Tourists' Cheapest Summer Spots List
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
Record Winter Tourism Numbers Reported in Bansko
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
Germany Emerges as Top Destination for Bulgarian Tourists
Recent data from the German Tourist Board show a discernible trend, indicating an increased interest among Bulgarians in visiting Germany
Bulgaria's Balchik Airport Welcomes Over 20 Planes from Romania to Mark Schengen Entry
In a momentous occasion marking the entry of Bulgaria and Romania into the Schengen area by air and sea, Balchik Airport is set to witness a remarkable gathering of more than 20 planes from Romania
New for Summer 2024: Bulgaria Air Offers Direct Flights to Lisbon
The flights will operate every Wednesday and Saturday.
Bulgaria Braces for Easter Tourism Boom: Over a Million Trips Expected
As the Orthodox Easter coincides with May this year, Bulgaria is gearing up for an unprecedented surge in travel, predicts Rumen Draganov, director of the Institute for Analysis and Forecasting of the Information Environment in Tourism, in an interview wi
