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Number of UAE Tourists Showing Interest in Bulgaria’s Nature Increases

Number of tourists from the United Arab Emirates showing interest in Bulgaria’s nature and mountain holidays, especially in the Rhodope region, has increased, BNR reported. It became clear at Bulgaria’s pavilion at the biggest international tourist exhibition in the Middle East-Arabian Travel Market held between April 24 and 27 in the city of Dubai, UAE. Bulgaria is presented at a
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Funds Contracted Under EU Exceed 40%

The funds contracted under the EU end-April are 40.29%, an enquiry on the implementation of the European programmes shows, quoted by BNR. The spending of over EUR 3.6 bln. Out of more that EUR 9 bln. Envisaged has been contracted. 56% of the Regions in Growth OP’s money has already been contracted, alongside 21% of the Environment OP’s funding, while under the Science and Education
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Bank Deposits Of Bulgarian Households Keep Growing in March

At the end of March 2017 the bank deposits of the non-governmental sector in Bulgaria reached a level of EUR 43.3 bln. Or 72% of forecast GDP. The average rise is 8.4%. Deposits of households reached EUR 22.7 bln. (47.8% of GDP), marking an annual growth, data by the Bulgarian National Bank showed, quoted by BNR.Source: Sofia Morning News
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First Bulgarian Communication Satellite Is Ready To Be Launched in Space

The first Bulgarian communication satellite by the Geostationary orbit BulgariaSat-1 finished all main procedures for montage and tests by the company Space Systems/Loral (SSL) in Palo Alto, California successfully, Dnevnik announced. The installation is being currently prepared for transportation to the platform for launching in Cape Canaveral, Florida, said the company “Bulgaria Sat”.
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The Fifth Block of Kozloduy NPP Is Stopped Because of Planned Modernization

The fifth block of Kozloduy Nuclear Power Plant (NPP) in Bulgaria is currently stopped because of the planned yearly renovation and modernization, reported BNR. During the renovating operations and prophylaxis of the equipment, its reactor is going to be reloaded with fresh nuclear fuel for the 24th consecutive fuel campaign. Measures are going to be realized for continuing the operating term of the
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170,000 Foreign Tourists Visit Bulgaria During Easter Holiday

Thanks to low-cost airlines, which offered reasonable prices for airline tickets, about 170,000 foreigners chose to visit Sofia and Bulgaria during the holidays. This is what Svidna Dineva of the Board of the Association of Bulgarian Tour Operators told the Bulgarian National Radio. During Easter there were many foreign tourists from Spain, Italy, the Czech Republic, Slovenia, Poland visiting Sofia.
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The Post Office: Bulgaria - The Cheapest Beach Holiday Destination

The Bulgarian Black Sea resort of Sunny Beach has come in as the cheapest option in a recent survey by the Post Office, quoted by the Independent. A basket of 10 typical tourist staples, including food and drink, sun cream and insect repellent, was found to be cheaper at Sunny Beach than at 19 other popular beach destinations in Europe. However, scrimping sun-seekers should be aware of significant
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NSI: Negative Inflation of Minus 0.5% Registered in March, 2017

Bulgaria’s consumer price index (CPI) in March 2017 compared to February 2017 is 99.5%, i.e. the monthly inflation is minus 0.5%, the press centre of the National Statistical Institute (NSI) announced. Inflation since the start of the year (March 2017 compared to December 2016) is 0.8%, while the annual inflation for March 2017 compared to March 2016 is 1.9%. The annual average inflation
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Report Adopted on Implementation of Measures Stemming From Bulgaria’s EU Membership

The Bulgarian Council of Ministers adopted a report on the execution of the Action Plan 2017 by March 31, with the measures stemming from Bulgaria’s European Union membership, the Government information service announced. A total of 95 measures had a deadline for implementation by the end of March, out which 53 were executed. The non-implemented ones represented 44.2%, compared to 56.5%
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2016's Lowest Hourly Payment Rates Within EU Are In Bulgaria

A Eurostat poll shows that the average hourly payment rate for the EU in 2016 was EUR 25.4, quoted by BTA. It was lowest in Bulgaria (barely EUR 4.4), Romania (EUR 5.5), Lithuania (EUR 7.3), Latvia (EUR 7.5), Hungary (EUR 8.3) and Poland (EUR 8.6). Denmark registered the highest hourly rate – EUR 42. The sphere of services was best paid in Bulgaria (EUR 4.7), followed by the one of industry
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