Podcast in English
Bulgarian National Radio © 2022 All Rights Reserved

Bulgarian airlines will not receive aid over Covid crisis

Photo: BGNES

 Airlines for passenger transport will not receive state aid, although the updated budget envisages a target of 30 million euros, the chairman of the Bulgarian Aviation Industry Association Todor Ivandzhikov has told BNR.

According to him, the criteria have been changed between the two readings of the law and just few airlines will benefit from the aid. "The rearrangement of the market is in favor of low-cost international carriers, which is to the detriment of both the Bulgarian airlines and the treasury, as foreign companies do not pay taxes in this country," he said. According to him, the losses equal millions of euros and they affect passenger transport companies the most. Two out of 17 have already returned their licenses because they can not cope with the situation.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Temperatures continue high, occasional showers and thunder

During the night there will be considerable clouds which will temporarily disperse over Western Bulgaria. There will be rain in Eastern Bulgaria, in places significant, with thunder. There will be a light wind from the Northwest, in Northeastern..

published on 5/14/22 5:50 PM
 Kornelia Ninova

Bulgaria’s commercial attachés around the world to prepare monthly analysеs of the situation in the country of their appointment

Deputy Prime Minister and Minister of Economy and Industry Kornelia Ninova held an online meeting with 62 Bulgarian commercial attachés around the world , the Bulgarian news agency BTA reports.   In connection with the complex international..

published on 5/14/22 5:39 PM

Bulgaria stands to lose over EUR 1 bn. if it does not complete infrastructure projects

Younous Omarjee, chair of the European Parliament's Regional Development Committee paid a visit to problem sites in Bulgaria to check how the funds allocated over the 2014-2020 programming period are being spent.  He called on Bulgaria to complete..

published on 5/14/22 5:25 PM