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Press coverage


Mon 17 Mar 2008

BULGARIA SURE IS HOL LOT CHEAPER

HOLIDAY Brits looking for this year's best value foreign destination should head for sunny BULGARIA, a survey revealed yesterday. The former communist Black Sea state boasts beer at 49p a pint and will leave your wallet bulg-ing compared with Spain. It officially tops this year's Best Value Breaks report - thanks to cheap £58 flights and a night in a double room at a three-star hotel costing less than £50. Once there, a slap-up three-course meal with tip will set you back just £7 - while a Big Mac is £1 and a typical taxi ride just £1.45.  Read the full article...


Tue 16 Jan 2007

LOW-COST AIR COMPANIES LAUNCH MORE FLIGHTS FROM BULGARIA

Low-cost companies that fly to Bulgaria would expand their flight network.

The company would fly from Bourgas to Budapest, Warsaw and Katovice and from Varna to Budapest. Currently Wizz Air offer flights from Bulgaria to London.

The number of flights from Sofia would increase to 22, Dnevnik said.

Wizz Air said that it expects to service nearly 150 000 passengers from Bulgaria in 2007.

Another low-cost air carrier which flies to Bulgaria, Sky Europe, would open a new line to Wien on March 26 2007, Dnevnik said.

Sky Europe marketing director Krasimir Tanev said that the flights would be every day, excluding Sunday.

Low-cost companies would obtain a 20 per cent share of Bulgaria's aviation market in 2007, Tanev also said.

Irish Ryan Air, Italian May Air and Germany' German Wings were expected to start flying to Bulgaria in 2007, Dnevnik said. Ryan Air would fly from Plovdiv to the UK, Spain and Germany.


Thu 07 Sep 2006

WORLD BANK EVALUATES POSITIVELY BULGARIA'S BUSINESS CONDITIONS

In the period between 2005 and 2006 business conditions in Bulgaria have improved, a report of the World Bank said.

The country ranked better in a business environment chart, taking the 54th position among 175 countries evaluated, a Council of Ministers press release said. Bulgaria moved up five places in the ranking since its previous edition.

Based on these developments Bulgaria has turned into one of the countries implementing reforms at the fastest pace.

According to the Doing Business 2007- How to Reform report Bulgaria and 12 other countries have taken measures to improve their business environment. Some of these countries include Australia, the Czech Republic, Latvia, Lithuania, India and Israel.

These reforms aimed at simplifying administrative rules, decreasing taxation, facilitating the access to credits and lowering expenditure on the import and export of goods.

Bulgaria and the Czech Republic facilitated business establishment procedures and reduced corporate taxation. Access to credits and to information on setting up a company has also become easier.

EU accession prospects have motivated East European countries to implement more reforms than countries in other regions, the report concluded.