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

80% decline in tourism on account of Covid-19

Photo: BTA

80% fewer tourists have spent their summer holidays in Bulgaria due to the coronavirus epidemic, and 30% of the staff in the tourism industry have lost their jobs, these are the figures presented by Polina Karastoyanova, Executive Director of the National Board of Tourism in an interview for Nova TV.

She added that bankruptcies are a distinct possibility and that it may well be impossible to service credits.

“At some point it may well turn out that banks will own tourism and that is a very bleak prospect,” Polina Karastoyanova commented, and added that after Covid-19 the tourist sector, as we know it, can no longer exist.

“The state must enter the industry as investor and set down master plans for the development of the infrastructure leading up to the tourist facilities,” Polina Karastoyanova said.



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

CITUB President Plamen Dimitrov

An employee in Bulgaria needs a minimum of 743.42 EUR for basic living

743.42 EUR is the living wage for a worker in Bulgaria. This is shown by CITUB data for the first quarter of the year. The minimum sum needed for a three-member family (two working people and a child up to 14 years of age) is EUR 1,337.54 For three..

published on 4/22/24 6:06 PM

Bulgarian delegation will not travel to Jerusalem for the Holy Fire

Due to the ongoing military actions in Israel, the Holy Synod of the Bulgarian Orthodox Church has decided that this year a representative of Bulgaria will not travel to Jerusalem for the transfer of the Holy Fire to Bulgaria. This was announced by..

published on 4/22/24 4:35 PM

Record growth of mortgage loans in Bulgaria

А гrowth of 24% is reported in the number of mortgage loans in Bulgaria for the first quarter of the year, said credit consultant Tihomir Toshev in an interview with BNR. According to him, this is a record increase after 5 consecutive quarters of..

published on 4/22/24 4:08 PM