Bulgarian international flights in 2022 have reached 74.8% of the 2019 level. This was announced by the Bulgarian Airlines Association Chair Svetoslav Stanulov at a press conference, at which an aviation market analysis was presented.
There are 19 air carriers with a valid operating licence as of the end of 2022. Currently most of the Bulgarian airlines' aircraft operate in other markets. Due to a shortage of staff, about 10% of pilots in Bulgarian airlines are foreigners. The trend of a decrease in the number of charter flights to Bulgaria continues, one of the reasons being the expansion of low-cost carriers.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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