Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
"Three or four difficult months are in store for the Bulgarian economy. Our major trading partners - Britain, Germany, France - are introducing severe ant-epidemic measures and this will affect all sectors of our economy. The difficulties of vaccination are mounting. Investments in Bulgaria last year shrank by 60%. There are no buffers left for the business," told BNR former Finance Minister Simeon Djankov.
In his words, the incumbent, but also the next government "needs to think not about the deficit, but where to invest more money so that most of the jobs can be kept intact."
"There is uncertainty about business... There will be much less investment around the world, especially in Eastern Europe."
In the "12+3" radio show Simeon Djankov added:
"In the world as a whole, more fiscal measures are needed. The next government willneed a budget update and it will be in the sectoral policies... In the next two or three years, I expect a change in tax policy and more and heavier taxes."
According to Djankov, Brexit will also have a significant impact on our economy. "I expect a surge wave of Bulgarians who will come back home from the UK," he forecast.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022