Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tour operators demand a Guarantee Fund to save their business

Photo: Pixabay

The associations of tour operators and travel agencies which have not been working for a year are demanding a meeting with the prime minister, writes travelnews.bg.

In their letter they point out that the most pressing problem is the refunds to clients whose holidays and travel have been cancelled due to the pandemic in 2020. According to the sector the refund sums amount to 75 million euro. That is why they are demanding the creation of a Guarantee Fund to protect consumers in the event of insolvency of the tour operator.

The fund will save the sector and help its recovery. This is particularly important now, as 13 March approaches when the clients have to be refunded, they write. 

The government has already allocated over 25 million euro for compensating clients for travel cancellations.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM

Between 80 and 90% of water for domestic and industrial needs is lost in Bulgaria's water transmission network

Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..

published on 11/28/24 2:15 PM
Sofia Airport

Direct flight will start operating between Sofia and Pisa as of March 2025

From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..

published on 11/28/24 2:10 PM