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

GERB: There will be no second “assemblage” with PP-DB

The leader of GERB, Boyko Borissov, announced that a second "assemblage" with "We Continue the Change - Democratic Bulgaria" after the elections cannot exist.  In response to a journalist's question regarding an accusation made by..

published on 4/24/24 3:43 PM

61% of Bulgarian parents support mandatory vaccines

61% of parents in Bulgaria support mandatory vaccines and 95% of general practitioners advise parents to vaccinate their children, in order to protect them from a number of diseases. This is shown by a nationally representative..

published on 4/24/24 2:19 PM

New council to coordinate policies for Bulgarians abroad

A Council for Coordination of Policies for Bulgarians Abroad is being established. This will be a permanent advisory body to the Council of Ministers, the parliament decided during the second reading of changes to the Law on Bulgarians..

published on 4/24/24 1:28 PM