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
Visitors to China can now access the country's massive cashless economy, CNN reported. They will now be able to use mobile payments in mainland China, the largest company in the Alipay sector, owned by giant Alibaba, said on Tuesday.
Alipay has unveiled an international version of the popular application designed specifically for foreign tourists, which will facilitate their transactions in the country via smartphone when shopping, traveling and paying for food in restaurants.
This international version of Alipay does not require a Chinese bank account. Visitors can use the "prepaid card" service provided by the Bank of Shanghai. The prepaid cards expire after 90 days and any remaining money is automatically refunded.
In 2018, China was visited by nearly 31 million tourists, an increase of 4.7% on an annual basis, according to data from the Ministry of Culture and Tourism.
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According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022