The number of passengers carried by the low-cost air operator Wizz Air to and from local airports surged by 76% to 590,000 last year. The total passenger traffic of the carrier increased by 33% to 7.8mn last year and is expected to reach 10mn until end-December. Wizz Air intends to launch new flights between the capital Sofia and Paris , Frankfurt, Bologna and Madrid three times per week as of May 22.
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The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more