Bulgaria's Hotel Sector Faces Workforce Shortages and High Taxes Ahead of 2025 Season
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
Bulgaria has formally requested the activation of funds from the European Union’s agricultural reserve due to extensive damage caused by the ongoing drought, announced Acting Minister of Agriculture Georgi Takhov, according to the ministry's press release. The request highlights that the country has also been severely affected by fires in July and August.
Takhov noted that the damage includes the destruction of livestock, bee colonies, hives, animal feed, agricultural machinery, equipment, and homes, emphasizing the need for immediate action.
Additionally, Bulgaria submitted a written request to the European Commission, seeking the activation of a protective mechanism for Bulgarian egg producers due to negative market trends linked to imports from Ukraine.
In addition, due to severe drought and water scarcity affecting crop yields, Bulgarian farmers can now apply for state funding to support irrigation costs. From September 24 to October 31, they can apply for "Aid to support costs of irrigation water for growing agricultural crops," covering 80% of irrigation costs, with a maximum grant of 280,000 euros per farm.
This aid, part of the Ukrainian aid scheme, is available through a 16 million leva budget for the year and aims to help farmers maintain their activities and ensure food security. Farmers must be registered and in good standing with the "Agriculture" fund and have a water supply contract for 2024. Additionally, by November 15, farmers can seek funds for investments in effective water management under the Rural Development Program (RDP) 2014-2020, with a total budget of 97.8 million leva.
This program supports up to 50% of project costs for existing irrigation facilities, excluding new irrigated areas, and requires projects to be completed by September 1, 2025.
Bulgarian garment companies are struggling to find new markets due to the recent increase in tariffs on industrial goods under Donald Trump’s administration
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
The digital entertainment landscape is evolving rapidly, with new platforms and experiences reshaping how we spend our leisure time.
Bulgaria has seen a record influx of workers from non-EU countries in recent years, yet the demand for labor in various industries remains unmet
Industrial production in Bulgaria continued to experience a downturn at the start of the year,
Bingo sites are very popular gaming platforms.
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase