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
BUSINESS IN BRIEF
Business | August 26, 2001, Sunday // 00:00
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Kremikovtzi`s debt to the Burgas port reached BGN 6 million. Some 2 million tonnes of metal supplies for Kremikovtzi per year pass through the Burgas port. A port official however said that the steel works would certainly offer an instalment plan, and even had already paid part of the liability.
Experts of the World Bank`s Global Environmental Fund arrive in Bulgaria in September to review what is called project on wet zones restoration and pollution reduction, in order to decide whether to extend a loan of USD 7.5 million. The whole 5-year project is estimated at USD 13.5 million.
The Albena Black Sea resort posts a 25% growth of the number of tourists as compared to last year`s figures. On August 24 the resort marked its 32-nd year. The Germans hold 55% of the foreign tourist
market, followed by the Scandinavians and the Russians.
The United Democratic Forces will suggest a profit tax abatement of 5% for companies posting turnover above BGN 50,000, as part of a package of tax draft amendments the party plans to submit to parliament, Agency Balkan announced.
Experts of the World Bank`s Global Environmental Fund arrive in Bulgaria in September to review what is called project on wet zones restoration and pollution reduction, in order to decide whether to extend a loan of USD 7.5 million. The whole 5-year project is estimated at USD 13.5 million.
The Albena Black Sea resort posts a 25% growth of the number of tourists as compared to last year`s figures. On August 24 the resort marked its 32-nd year. The Germans hold 55% of the foreign tourist
market, followed by the Scandinavians and the Russians.
The United Democratic Forces will suggest a profit tax abatement of 5% for companies posting turnover above BGN 50,000, as part of a package of tax draft amendments the party plans to submit to parliament, Agency Balkan announced.
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