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

Caretaker Minister of Labor and Social Policy Ivaylo Ivanov

NSSI Supervisory Board: Pensions to increase by 11% as of July 1

 I proposed that the pensions update from July 1, 2024 be set at 11% and the Supervisory Board of the National Social Insurance Institute voted in favour of my proposal, caretaker Minister of Labor and Social Policy Ivaylo Ivanov said. He noted that..

published on 5/14/24 11:39 AM

The USA urges Skopje not to provoke Bulgaria and Greece

Washington has called on Skopje to make continuous efforts and reforms to achieve progress in joining the EU. "We encourage the continuation of dialogue between North Macedonia and Bulgaria, which is rooted in a shared commitment to the country's..

published on 5/14/24 10:43 AM
Nguyen Hong Dien (L) and Rumen Radev (R)

Bulgaria and Vietman to deepen bilateral cooperation

Bulgaria and Vietnam will work to further deepen bilateral economic exchanges and mutual investments, President Rumen Radev and Vietnam's Minister of Industry and Trade Nguyen Hong Dien said. Nguyen Hong Dien is also chair on the Vietnamese side of..

published on 5/14/24 8:43 AM