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
Thirty-five years have passed since the pivotal beginning of Bulgaria’s transition from a one-party system to democracy and a market economy.
On November 10, 1989, the Central Committee of the ruling Bulgarian Communist Party (BCP) held a plenum where they removed Todor Zhivkov, the longtime general secretary and head of state. He was succeeded by then-Foreign Minister Petar Mladenov, who soon criticized Zhivkov’s administration, accusing it of steering Bulgaria into economic crisis and practical bankruptcy.
This date, November 10, 1989, is widely seen as marking the start of Bulgaria's democratic transition, though the dissolution of the BCP’s sole-party rule officially occurred the following year. Significant economic reforms, meanwhile, would only begin roughly 15 months after the plenum.
In December of 1989, the first opposition political organization, the Union of Democratic Forces (SDS), was founded, symbolizing the rise of political pluralism in Bulgaria.
Today, November 10 is commemorated as the start of the sweeping changes and transition to democracy. Bulgaria’s first democratically elected president, Zhelyu Zhelev, described this period as a "coup" and a "constitutional change" for the state. Together with subsequent protests and events, this era became known as Bulgaria’s "quiet revolution."
Bulgaria is actively defending its national interests within NATO, according to Defense Minister Atanas Zapryanov
Bulgarian President Rumen Radev has strongly criticized the current governmen
Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov has officially signed a contract for the acquisition of 35 new electric multiple unit
Bulgaria is on track to become a full member of the Organisation for Economic Co-operation and Development (OECD) by the end of 2025 or possibly early 2026
As the "Zhelyazkov" government marks its 100-day milestone, public opinion has soured, with 66% of Bulgarians expressing dissatisfaction
In 2024, Bulgaria allocated $2.208 billion (3.964 billion leva) for defense, which represents 2.04% of its GDP
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