Bulgaria

The number of young people up to the age of 25 who are heavily in debt is on the rise in Bulgaria, with the fastest-growing demographic being young individuals, even those with stable incomes. Financial mismanagement is primarily to blame, particularly among men, who tend to incur more debt than women.

The rising cost of living and prices are the main factors driving Bulgarians to vote in the European elections, according to a newly published Eurobarometer survey. The survey, which gathered responses from over 26,000 individuals across all EU member states, highlights key concerns for voters in Bulgaria.

Novinite.com and Novinite.bg are excited to announce the launch of a new special series titled "Manager Talks," set to debut in October. This platform will feature leading managers and business leaders who will share their insights, experiences, and strategic approaches to business management in Bulgaria.

Atanas Ilkov, Bulgaria's Acting Minister of Internal Affairs, announced that there are currently no indications from Bulgarian or partner agencies of terrorist threats or a deterioration in the security environment due to the tensions in the Middle East.

The Ministry of Tourism successfully showcased Bulgaria at Tourism Expo Japan 2024, attracting significant attention and drawing hundreds of visitors interested in exploring tourism opportunities in the country.

Bulgarian students claimed three gold and one silver medal at the Balkan Informatics Olympiad, held in Ohrid, as announced by the Ministry of Education and Science.

The first snowfall of the season has blanketed Vitosha, with the Aleko hut now covered in white, as reported by bTV. The hut is situated in the "Maslovitsa" mountainous area at an altitude of 1,840 meters above sea level.

Bulgaria is projected to experience a significant decrease in its labor force over the next decade, with estimates suggesting a reduction of more than 400,000 individuals. This decline is occurring amid rising labor costs, where Bulgaria ranks second in the European Union.

Bulgaria risks losing at least 2 billion leva (1 billion euros) in European funding due to the National Assembly's failure to approve amendments to the Recovery and Sustainability Plan, along with the new chapter and updated roadmap for climate neutrality.

In August, approximately 190,000 Bulgarians vacationed in Greece, making it the most popular travel destination for Bulgarians. This represents a 54% increase in tourist traffic compared to the same month last year.