EP study: Bulgaria is among the most financially affected by COVID in the EU

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Loss of income, unemployment and inability to cover debts are the main problems of people during and after the pandemic in Europe. Staff: New TV

Bulgarians are among the most financially affected nations in the EU from the COVID pandemic, according to a study by the European Parliament.

Loss of income, unemployment and inability to cover debts are the main problems of people during and after the pandemic in Europe, according to the EP study. Putting the theory into practice, in our country this turns out to be exactly like that. Entire industries are already facing bankruptcy.

Vasil Dimitrov is engaged in hotel and restaurant business in Blagoevgrad. He told Nova TV that the entire sector is in danger if no measures are taken. That is why he and his colleagues asked the municipality to reduce taxes by up to 60% on rent and garbage fee. “We are asking for a reduction and recalculation for the two months we have not worked. Most of the colleagues have not opened yet, and there will be some who will not open, “said Dimitrov, who is a member of the Association of Hoteliers, Restaurateurs and Tour Operators in Blagoevgrad.

And in the neighboring municipality of Dupnitsa they will close. Traders at one of the largest second-hand car exchanges in Bulgaria are hoping for a miracle. “In two and a half months we have 2 sales, which cannot cover our costs,” said Kristian Krumov.

So he decided to stop importing from Italy, and then he would think about it. “People are cowards, they will not change cars, we have nowhere to buy them and accordingly there will be no imports here,” Krumov added.

He predicts a crisis in the industry for at least another year, although the prices of second-hand cars are already down by 10%.





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