2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts still face major problems, he said in an interview with public service TV BNT. In the most popular seaside resort Sunny Beach there are issues connected with ownership and organization. “We talk about the season, but the rest of the time the hotel stands empty,” hotel operators say, Minister Miloshev commented. Because the international situation is so complicated the profile of the tourists has changed. “We no longer have Russian, Ukrainian, and to a great extent Israeli tourists. The prices have changed because of the inflation. The season must be extended towards spring and autumn. With the climate changes, autumn is growing more attractive for tourism, Evtim Miloshev said.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
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