The European London and Rome are the two most popular tourist destinations for Bulgarians during the Easter holidays.
Among the other most preferred destinations are the cities of Vienna, Berlin and Frankfurt, according to data provided by a Bulgarian online travel agency.
The analysis, based on the number of purchased tickets and hotel reservations, shows a 13.6% annual increase of trips around Easter.
The Catholic and the Orthodox Easter celebrations coincide in 2014, and some Bulgarians have decided to take advantage and spend a more unusual holiday abroad, Bulgarian inews says. Read more
Bulgaria launches in Germany a new advertising campaign under the slogan “Bulgaria – discover and share”.
According to Bulgaria’s deputy minister of Economy and Energy Branimir Botev, the goal of the campaign is to promote the country as an attractive tourist destination. So far Bulgaria is known at the German market mainly as a summer seaside destination and the goal of the campaign is to promote it as a SPA and ski destination and as a country for cultural tourism. Read more
Simeon Djankov, former Bulgarian Finance Minister and Deputy Prime Minister, is to enter the Supervisory Council of Russian VTB Bank.
Djankov, who is currently Rector of the Moscow-based university the New Economic School (NES), also known as the Russian Economic School), is to join the Supervisory Council of VTB Bank as an independent member, according to a media statement of the bank, as cited by Sega daily. Read more
Bulgaria’s Finance Ministry has picked a consortium of three banks, JP Morgan, Citibank and HSBC, to sell government bonds worth BGN 3 B on international markets.
In 2014, Bulgaria’s government is to sell bonds worth BGN 3 B on international markets in order to settle external debt worth USD 800 M in early 2015 and to finance a part of the budget deficit, which is to reach BGN 1.5 B in 2014, according to reports of Capital daily. Read more
Ukraine’s wheat production, which is the 11th largest in the world, may suffer due to the EUR 11 B aid from the EU.
The reason is that the money will come with strings attached, such as drastically raising electricity and fuel prices in the country, as Bulgarian website Expert.bg has warned. Read more