Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Photo: BGNES
Yuzhnii Krest, yet another Russian touroperator, filed for bankruptcy, reports ITAR-TASS.
According to the agency, the company currently has more than 10 000 customers abroad, with another more than 28 000 to go on vacation this week.
According to preliminary information, it does not have clients on holiday in Bulgaria.
Yuzhnii Krest has been active since 1998 and has offices in major Russian cities. Since the beginning of July, more than 10 Russian touroperators – big and small – filed for bankruptcy.
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
Bansko has been named the most affordable ski destination in Europe, according to the latest EasyJet index, which evaluates costs including lift passes, equipment rental, accommodation
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