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
Nearly 800 companies operating in the sphere of timber harvesting in Bulgaria have threatened protests over a ban on exports.
Industry representatives demand that the ban on timber exports be revoked, according to reports of the Bulgarian National Radio.
Bulgarian parliamentary parties agreed that the ban on timber exports was an adequate method to combat illegal harvesting.
Bulgarian MPs differed in their opinion on the period of application of the measure, with some calling for an indefinite ban.
Bulgaria’s Parliament eventually adopted a 3-month moratorium on timber exports, specifying that changes to the Forest Act were to be drafted during the period.
During the debates, however, experts noted that the ban on timber exports clashed with the principle of free movement of goods in the EU, stressing that timber companies could initiate lawsuits against the state.
Timber industry representatives claimed that they would run up losses of BGN 40 M during the 3-month period of the ban.
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In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022