Dimitar Vergiev


Crises in modern economies are not an unusual phenomenon although each has its own characteristics due to their differences and their causes. Analyzes show that in the future the crises emerging in an economy will flow through the financial markets to the rest of the world by acquiring a global nature. It is therefore important for each country to have buffers and mechanisms to counteract the negatives they generate. The global economic crisis has a negative impact onthe European tourism. This is reflected in a significant drop in prices of tourist services due to shrinking the demand. Tourists' travel is diminishing as a result of job losses and consumer insecurity, as well as the lost capital.


financial crisis, tourism markets, globalization, economy, consumption, capital

Full Text:



Angelov, I. Svetovnata ikonomicheska kriza i Balgariya, Godishnik na UNSS, 2009,

Ganchev, G. Globalnata finansova kriza i balgarskata ikonomika:ot teoriya kam praktikata, Godishnik na UNSS, 2010.

Dulevski, L. Globalnata kriza i predizvikatelstvata pred trudovite pazari, Godishnik na UNSS, 2009,

Kyoseva, N., Ikonomicheski teorii. NBU, Sofiya, 2008.

Sariyski, G.Svetovnata kriza-proizhod i vazdeystvie varhu balgarskata bankova sistema, Institut za ikonomicheska politika, Sofiya 2011.

Spasov, T. Makroikonomiks, Universitetsko izdatelstvo „Stopanstvo”, Sofiya, 2008.

Todorova, V. Finansovi krizi istoriya, evolyutsiya i teoriya, IK „Svetovit”, Sofiya 2014.


Balgarska stopanska kamara,

Ministerstvo na turizma,

Ministerstvo na finansite,



  • There are currently no refbacks.

New knowledge Journal of science Jubilee edition is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

The contents of this publication do not necessarily reflect the position or opinion of the National Science Fund of the Republic of Bulgaria. The opinions expressed are those of the author(s) only and should not be considered as representative of the National Science Fund’s official position.

National Science Fund of Bulgaria