Bulgaria's Draft Budget for 2025: 3% Deficit, State Debt Growth, and Key Tax Changes
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
Bulgaria's commitment to Albania's EU aspirations and bilateral cooperation took center stage during a meeting between Rosen Zhelyazkov, Speaker of the National Assembly of Bulgaria, and Lindita Nikolla, Speaker of the National Assembly of Albania, in Tirana.
Zhelyazkov announced plans for a regular airline connection between the two countries within a year, marking a significant step in strengthening bilateral relations. The initiative aims to enhance connectivity and foster closer ties between Bulgaria and Albania.
In addition to the airline connection, Bulgaria praised Albania's commitment to transparency, particularly regarding the upcoming census and the protection of the rights of the Bulgarian national minority in Albania.
The announcement underscores both countries' dedication to regional cooperation and mutual support, highlighting the importance of solidarity in advancing shared objectives in Southeast Europe.
As Bulgaria extends its support for Albania's EU integration process and seeks to deepen bilateral cooperation, the planned airline connection signals a promising future for closer economic, cultural, and political ties between the two nations.
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Bulgaria is expecting a 5% increase in tourist arrivals this winter season, according to acting Minister of Tourism Evtim Miloshev
Tourist interest in Christmas and New Year holiday packages is exceptionally high this year
The heavy snowfall in recent days has created ideal conditions for an early start to the winter season in Bansko
In October, Bulgarians predominantly traveled to neighboring Turkey and Greece, while the largest groups of foreign visitors to Bulgaria came from Romania and Turkey
Airfares around the world are expected to rise in 2025, with ticket prices reflecting both higher operational costs and ongoing supply chain disruptions
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