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Economy of Bulgaria


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of perfumery essential oils such as lavender and rose oil. A five-year modernisation and development programme was launched by the government in 2007, aimed at strengthening the agricultural sector with a total investment of 3.2 billion euro.

In recent years Bulgaria has emerged as an attractive tourist destination with some of Europe's least expensive resorts and the last remaining beaches outside the reach of the tourist industry. Lonely Planet ranked Bulgaria among its top 10 travel destinations for 2011. More than 40 per cent of its 9,000,000 annual visitors were Greeks, Romanians and Germans. Main destinations include the capital Sofia, the medieval capital Veliko Tarnovo, coastal resorts Golden Sands and Sunny Beach and winter resorts Bansko, Pamporovo and Borovets
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