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Bulgarians Spend Record Amounts This Christmas
Updated: 2009-01-07

Whilst some Western countries maybe having to tighten their belts during the winter holidays, this isn't the case for Bulgaria. Bulgarians spent a record 800 M BGN over the winter holidays; an 80M BGN increase from last year. At the same time, the country enjoyed a higher than expected economic growth of 7.1% making it one of the best performing economies in Europe.

200M BGN of that was spent on electricals and the remainder was spent on food, toys etc. Computer store Technopolis reported a 15-20% increase in sales while supermarket chain reported an increase of 10%. Appliances store chain Technomarket have seen an increase of 23% of sales.

Bulgaria's winter resorts of Borovets, Bansko and Pamporovo all enjoyed high occupancy levels with many Bulgarians choosing to stay away from home to celebrate the New Year and Christmas. 

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