Bulgaria is the cheapest county for resting and tourism according to data of British Post department, Zagrandom reported. Jump in prices was marked mostly in the EU. In the USA and several European countries may be spend a vacation on acceptable prices, responding at the level of the given services.The most acceptable for tourism and resting countries are: Egypt, South Africa and Thailand. още »

‘Albena' resort companies opens a tourism agency in Moscow. The action of the new office will be directed towards attracting of clients for congress, sport and corporative events. ‘Albena' Group is trying to develop its Russian market and to offer there its tourism product; moreover the Russian capital has no national tourist agency. Unfortunately, Bulgaria is far behind other countries in advertising its opportunities for vacation in compare to Turkey, for example, which throws enormous efforts in presentation of its resorts in Russia. още »

The truckers' association said exDcise duties and value added tax contributed to surging global oil prices and made the Balkan country's fuels too expensive. It demanded excise duty rebates. Economy and Energy Minister Petar Dimitrov said last week that the European Union newcomer country might ask Brussels to cut excise duties on automotive fuels after transport companies protested against high prices. още »

First Investment Bank (FIBank), the sole locally-owned bank among the top 10 banks operating in Bulgaria, was the first financial institution to fall prey to dirty campaigning. On May 15, unidentified sources circulated rumours that it was bogged down in liquidity problems so severe as to force it into bankruptcy proceedings.The news produced an immediate and sweeping outcry from top governmental and banking officials, media, the bank's clients and the bourse. още »

Natural gas is a better option for generating electricity than coal or nuclear powered stations, Bulgaria's Economy and Energy Minister says. Natural gas would be a cheaper option, given that two major gas pipelines, Nabucco and South Stream, would run across Bulgaria, said Petar Dimitrov, who was speaking at an international conference on modern energy technologies against climate change, held at the Inter Expo and Congress Centre in Sofia. още »

Bulgarian business confidence declined in May after rising in the previous four months as export orders fell on slower economic growth and labor shortages increased production costs. The business climate index fell to 21.8 in May, the National Statistics Institute in Sofia said in an e-mail today. Business confidence declined the most in construction as a shortage of workers and high prices of building materials boosted costs, it said. още »

Because of the ceaseless increasing of petrol and fuel prices, the tourists' vacations packages are expected to become 15 to 20% more expensive during the present summer season, mainly because of the airplane tickets. That was announced by the Bulgarian Touroperators and Tourist Agencies Association's president Irina Naidenova.  According to Naidenova, the changes will happen in two directions - one of increasing of the tourist package price in common, and the other - revising of the single components of the elements of these packages. още »

The constructions of another mall in the Southern city of Stara Zagora will start in a month. The investments are on the amount of 72 million EUR. The project is work of the Israeli architecture bureau ‘Murarchitect'.The building is foreseen to be extended over a territory of 10 decares, purchased last year for 11 million BGN (5 million EUR).The business centre will include trade part, advertisement and office part. още »

Bulgaria entered EU on January 1, 2007 and will enter Schengen zone in 2009. There is one of the lowest levels of income-tax and profit tax in the country. "It is a very favorable time to make investments in real estate, hotel business, production and other spheres in Bulgaria", service leader on trade economic issues under Bulgarian embassy in Kazakhstan Boris Yanchev said to Kazinforms correspondent. още »