Hoteliers and Restaurateurs in Bansko Voice Concerns Over Currency Shift
The tourism sector in Bansko is voicing significant concerns regarding payment procedures and revenue reporting as Bulgaria transitions from the lev to the euro
Photo by BGNES
Bulgaria's tourism sector expects BGN 300 M from European funds within the next few years.
The main beneficiaries will be the Ministry of Economy and Energy with EUR 52 M and the Ministry of Regional Development with EUR 110 M, said the Deputy Minister of Economy Branimir Botev, cited by Dnevnik.
The projects will include advertising campaigns for Bulgaria as a tourist destination, for which 127 contracts worth BGN 31 M have been signed.
Botev also added that within the next several years Bulgaria will change its visa procedures and will decrease the administrative burden.
The chairman of the Union of Tourist Businesses, Malin Bystrin, has expressed serious concerns over Bulgaria’s readiness to adopt the euro starting January 1
The tourism sector in Bansko is voicing significant concerns regarding payment procedures and revenue reporting as Bulgaria transitions from the lev to the euro
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