Urban mass transit and commuter transit fares in Bulgaria have dropped on the back of a steady slump in fuel prices.
Urban transport operators in the central town of Veliko Tarnovo slashed ticket prices by 33% a day before the municipality voted on the lower fares.
Veselin Doshkov, an owner of a transport company in Bulgaria’s second largest city of Plovdiv, said the firm has cut commuter fares by 10%. However, the local government will leave mass transit fares intact at BGN 0.80 saying they were relatively low when fuels skyrocketed.
In Sofia, urban mass transit fees will not be toppled below the current BGN 1 as the Sofia Public Transport Company is saddled with massive losses.
Prices may drop to some BGN 60 in Varna
where the BGN 1 fare is higher than the cost of the service, according to municipal councilors.