Bulgaria Lags in Absorbing EU Funds, Risking Losses and Growing Debt
Bulgaria is falling behind in its utilization of European Union funds
As travel restrictions eased following the COVID-19 pandemic, people from Bulgaria and beyond eagerly resumed their journeys. This surge in travel led to issues at airports, exacerbated by a workforce shortage in the tourism sector. Some countries introduced tourist fees or limited bookings during peak seasons to manage the influx.
Now that the pandemic is a distant memory, the trend of increased travel continues. Bulgarians are no exception, with data from June showing a significant rise in trips for rest and relaxation. Compared to the pre-pandemic year, June travel by Bulgarians has surged by 36.41%.
The shift in seasonal weather patterns has further fueled Bulgarians' travel to Greece, a popular alternative to local resorts for summer vacations. Despite long border waits and high temperatures, the allure of southern destinations remains strong among those seeking a summer getaway.
EU countries continue to attract a large portion of Bulgarian travelers, with Turkey also seeing a notable increase in interest. In recent years, Turkey has become a favored destination not just for beach holidays and historical site visits, but also for trekking adventures in its mountainous and canyon regions.
Wizz Air has resumed its flights from Sofia to Tel Aviv
Wizz Air has announced the launch of a new and exclusive route from Varna to Leipzig, Germany, marking a significant expansion of its network
Bulgaria Air has launched a special winter promotion, "Time to Fly," offering discounted tickets for flights until March 31, 2025, to 11 captivating European destinations
With Bulgaria's full integration into the Schengen Area, citizens now have the ability to travel freely to neighboring Greece and Romania
For the first time ever, a direct flight connection has been established between Sofia, Bulgaria, and the French ski resort of Grenoble
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