Bulgaria Secures €490 Million from EU SAFE Program to Boost Defense Industry
Bulgaria is set to receive €490 million through the EU’s Security Action for Europe (SAFE) instrument
Bulgaria expects an increase of anywhere between 5% and 8% of foreign tourists this summer. File photo
The official start of the summer tourist season will be given by the end of May, according to the Deputy Economy Minister in charge of the Tourist Industry, Ivo Marinov.
The date is most likely going to be scheduled around the Day of Slavic Script and Culture, May 24, when Bulgarians get four days off, according to Marinov, who spoke in a TV interview Tuesday.
The Deputy Minister informed that the country expects an increase of anywhere between 5% and 8% of foreign tourists this summer, based on the number of early reservations. The expected increase of Russian tourists is 20%. There are ongoing negotiations with Russian aviation authorities to up the number of charter flights to Bulgaria not only in the summer, but in the winter as well.
There is also a noted increase from the German and UK markets.
Marinov cited data of the National Statistics Institute, NSI, showing a growth of 4.9% of foreign tourists during the first quarter of 2012, compared to the same period of 2011.
On the subject of the planned relocation of his institution from the capital Sofia to the second largest city of Plovdiv, he explained that the building has already been secured. The Deputy Minister stressed that the headquarters of the Economy Ministry will remain in Sofia and only operations will be moved with the goal to improve interactions between the State and the business.
The fully renovated underground parking facility at Terminal 2 of Vasil Levski Airport in Sofia has officially opened, offering parking for over 900 vehicles.
Foreign travel activity picked up noticeably toward the end of 2025, with both outbound trips by Bulgarians and inbound visits by foreigners posting their strongest growth in months, according to data from the National Statistical Institute.
Tourism can play a central role in boosting Bulgaria’s overall economic development, but this requires a clearly defined long-term strategy, particularly when it comes to cooperation with neighboring countries.
Wizz Air has announced a major expansion of its operations in Bulgaria, unveiling plans to base an eighth aircraft at Sofia Airport and launch five new direct routes starting in summer 2026.
A regular railway connection between Sofia and Thessaloniki will be restored next year, Bulgarian Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov announced during the first working meeting between Bulgaria, Greece, Roma
The introduction of the euro in Bulgaria’s tourism sector is unfolding calmly and without disruption, according to Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism
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