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EC Approves EUR 15.3 Mln in State Aid for Bulgarian Tourism
January 17 (BTA Correspondent Nikolay Jeliazkov) - The European Commission Monday said it has approved a 15.3 million euro Bulgarian scheme to support companies active in the tourism sector affected by the COVID-19 pandemic. The measure was approved under the State aid Temporary ...
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Some 3.3 Million Passengers Serviced by Sofia Airport in 2021, Traffic Slowly Recovering from COVID-19 Crisis
Sofia, January 16 (BTA) - Sofia Airport has serviced a total of 3,364,151 passengers in 2021, which is 14.5 per cent more compared to a year earlier, but still 52.7 per cent less than during the pre-pandemic 2019, the Airport said in a press release here on Sunday. COVID-19 ...
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COVID-19 Update: 4,389 New Cases, Test Positivity Rate at 16.2%
Sofia, January 15 (BTA) - A total of 4,389 COVID-19 cases were identified by 27,171 tests on Saturday, according to data posted on https://coronavirus.bg/. The test positivity rate now stands at 16.2%. Seventy-six per cent of new cases were unvaccinated. Fourty fatalities wer...
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House Prices in Bulgaria Up 8.7% in Q3, 2021, by 9.2% in EU - Eurostat
Brussels, January 14 (BTA) - House prices have increased by 8.7 per cent in Bulgaria and by 9.2 per cent in the EU in the third quarter of 2021, compared to a year earlier, show Eurostat data based on the house price index and pubslihed here on Friday. This increase in the eur...
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InvestBulgaria Agency Ends 2021 with 31 Projects Worth Lv 1,220 Bln, 2,600 Potential New Jobs
January 14 (BTA) - InvestBulgaria Agency (IBA) Executive Director Stamen Yanev evaluated 2021 as a successful year for the agency, during which 31 certified projects were finalized, worth 1,220 billion leva and with the potential to create 2,600 new jobs. Yanev took part in the f...
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InvestBulgaria Agency Ends 2021 with 31 Projects Worth Lv 1,220 Bln, 2,600 Potential New Jobs
Sofia, January 14 (BTA) - InvestBulgaria Agency (IBA) Executive Director Stamen Yanev evaluated 2021 as a successful year for the agency, during which 31 certified projects were finalized, worth 1,220 billion leva and with the potential to create 2,600 new jobs. Yanev took par...
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COVID Overshadows Winter Tourism after Good Start - Minister
January 13 (BTA) - Speaking at the first meeting of the Tourism Committee in the new National Assembly on Thursday, Tourism Minister Hristo Prodanov said Bulgaria had a very good start of the winter season but the COVID pandemic soon darkened the picture. "The winter season got o...
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CEMIS Waste Management Information Platform to Cover Whole Region Soon
Sofia, January 12 (BTA) - The Circular Economy Management Information System (CEMIS) already operates in several municipalities in Bulgaria, but their number is yet to increase, project manager Tsvetomir Kalchev told BTA following a final press conference at the BTA national p...
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World Bank Revises Economic Growth Forecast for Bulgaria
Washington, January 11 (BTA) - The World Bank has revised its economic growth forecast for Bulgaria by 0.7 percentage points to 3.3 per cent for 2021, by 0.5 percentage points to 3.8 per cent in 2022 andby 0.2 percentage points to 3.6 per cent in 2023, says the Bank's Glob...
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Production, Import-Export Balance of Electricity in Bulgaria Increase in 2022, Y/Y
January 11 (BTA) - Electricity production in Bulgaria increased by 28.69 per cent in the period between January 1 and 9, 2022, compared to this time last year, showed the latest energy balance operational data report of the Electricity System Operator (ESO), posted on the...
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Trade Union Argues for Minimum Wage of Lv 730 in 2022
Sofia, January 11 (BTA) - Plamen Dimitrov, President of the Confederation of Independent Trade Unions in Bulgaria (CITUB), said it is fully attainable to raise the minimum monthly wage to 730 leva in 2022. Addressing Tuesday's discussion on "A Worthy Minimum Wage to Curb C...
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Bulgaria's National Tourism Board Proposes Creation of Common Tourism Product with Republic of North Macedonia
January 10 (BTA) - Bulgaria's National Tourism Board (NTB) has sent letters to Prime Minister Kiril Petkov and Tourism Minister Hristo Prodanov, insisting that a common tourism product with the Republic of North Macedonia should be created and additional tourism-support m...
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EIF, Raiffeisenbank Sign New Warranty Agreements for another Mln 150 Euro in Support of Bulgarian Businesses
Sofia, January 10 (BTA) - The European Investment Fund (EIF) and Raiffeisenbank (Bulgaria) signed new guarantee agreements for another 150 million euro to continue supporting Bulgarian businesses during the COVID-19 pandemic. The application period has been extended by another...
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Pamporovo Ski Resort Reports Rise in Foreign Tourists
January 9 (BTA) - The ski resort of Pamporovo has registered an increase by 30 to 40 per cent in its visitors since the start of the ski season, Pamporovo AD Executive Director Marian Belyakov told BTA. Over 100,000 tourists have visited the resort since December, an increase bei...
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Pamporovo Ski Resort Reports Rise in Foreign Tourists
Smolyan, Southern Bulgaria, January 9 (BTA) - The ski resort of Pamporovo has registered an increase by 30 to 40 per cent in its visitors since the start of the ski season, Pamporovo AD Executive Director Marian Belyakov told BTA. Over 100,000 tourists have visited the resort...
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Energy Regulator Head Ivanov: PM Should Respect Regulator's Independence
Sofia, January 9 (BTA)- In an interview for Bulgarian National Radio on Sunday, the head of the Energy and Water Regulatory Commission (EWRC), Ivan Ivanov, said that the Prime Minister should respect the regulator's independence. "It is particularly insulting that this gov...
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Minister Nikolay Sabev Proposes Equal Number of Permits for Bulgarian, Turkish Carriers to Ambassador Aylin Sekizkok
January 7 (BTA) - Transport and Communications Minister Nikolay Sabev has invited the Turkish state to hold a ministerial meeting and visit the Kapitan Andreevo-Kapikule border checkpoint, the transport ministry's press office said on Friday. The meeting is planned to take place ...
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PM Petkov on Bloomberg: "Bulgaria Fully Committed to Adopt Euro in January 2024"
Sofia, January 6 (BTA) - Bulgaria is fully committed to adopting the euro on January 1, 2024, understands the benefits of this move and will make sure everybody understand them, Prime Minister Kiril Petkov said in an interview on Bloomberg. "I come from business, and I fully...
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EIF and UniCredit to Provide EUR 1Bln for SMEs in Bulgaria, Slovakia, Slovenia and Croatia
January 5 (BTA) - The European Investment Fund (EIF) will provide 700 million euro in guarantees to UniCredit, allowing the lender to provide up to 1 billion euro of financing to small and medium enterprises (SMEs) in Bulgaria, Slovakia, Slovenia and Croatia to accelerate...
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New Programme to Support Hotels, Restaurants with Lv 60 Mln in Direct Funding
January 4 (BTA) - The Bulgarian Development Bank (BDB) will provide direct funding of 60 million leva to pandemic-affected micro-, small- and medium-sized firms in the hotel and restaurant branch, the BDB said Tuesday. The firms can use resources under the new Support for Tour...