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Bulgaria 'attracting more foreign tourists'

Article Date : Wednesday, October 24, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Bulgaria is continuing to benefit from a steady influx of foreign visitors, according to new figures.

Official data cited by the Sofia Echo showed that during the first nine months of 2007, there were approximately 4.5 million foreign arrivals.

This is more than seven per cent higher than last year's figure, indicating the country's increased popularity since it joined the European Union in January.

In fact, almost three-quarters of visitors to Bulgaria were found to have come from other member states such as Germany and the UK.

This comes alongside new estimates from Industry Watch, which predicted that this year's rate of economic growth in the country would reach 6.4 per cent.

The organisation added that rate of expansion was likely to continue into 2008, resulting in the government gaining a higher budget surplus.

Industry Watch stated that if this occurred, taxes in Bulgaria may be reduced slightly, potentially benefiting overseas investors in the country.
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