Template-Type: ReDIF-Article 1.0 Author-Name: Georgina Lukanova Author-Email: lukanova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Impact of COVID-19 on the Restaurant Franchising Abstract: The last two years of human development took place under the influence of the COVID-19 pandemic that affected each and every field of socio-economic life. The restaurant industry is one of the most affected sectors as a result of the measures taken by states for limiting the spread of the Corona virus. The initiatives for keeping social distance, restricting free movement nation- and world-wide, full or partial lockdown resulted into a number of negative consequences for the restaurant activity like job loss and closure of outlets. When recessions happened before the franchising business model turned out to be a sustainable and leading model for growth. COVID-19 created unprecedented challenges to the franchising community, however, the franchisors and franchisees react quickly and carefully in order to minimize losses through implementing a number of activities. It is exactly in this respect that the goal of this study is set: to present and summarize the main impacts of COVID-19 on the world franchising industry and, in particular, on the development of restaurant franchising. Keywords: restaurant franchising, restaurant chains, pandemic, Covid-19 Classification-JEL: Z310 Pages: 3-12 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/3-12.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:3-12 Template-Type: ReDIF-Article 1.0 Author-Name: Kosyo Vladimirov Author-Email: k.vladimirov@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Factors for the Development of Bee Tourism Abstract: The report includes an analysis of the state, trends and prospects of beekeeping and its relationship with tourism in Bulgaria. Beekeeping is considered as a branch of agriculture from its inception after the Liberation to our time and dynamics of development. The report presents the resource base (traditions, condition, production and sale of honey). For the needs of the analysis, data from the NSI, the Ministry of Agriculture and Food, the associations of beekeepers, processors and traders of honey and bee products, the Ministry of Tourism and branch tourist organizations and a survey of the author were used. Beekeeping is presented in the relation as a resource for the development of apitourism (bee tourism), as a non-traditional attractive specialized species, supporting farmers through non-agricultural practices. Keywords: api-tourism, bee tourism, bee products, bees, environment, traditions and culture. Classification-JEL: Z32 Pages: 13-20 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/13-20.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:13-20 Template-Type: ReDIF-Article 1.0 Author-Name: Plamen Yankov Author-Email: yankov.plamen@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Author-Name: Stefka Petrova Author-Email: s.petrova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Author-Name: Svetlana Todorova Author-Email: svetlana.todorova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Digital Advantages for the Construction Industry Abstract: Currently, the digital transformation is recognized as a source of many potential effects for the business organization from all sectors of the economy. The purpose of this study is to identify and highlight the possible advantages of the application of digital technologies in the construction sector. A scientometric analysis of the existing literature is performed. The scope of the study is given from three perspectives through three search criteria - digitalization, big data, and forecasting. A total of 2371 articles are abstracted. Then, the extracted data is visualized through Vosviewer software tool. The growth of publications increases significantly over the last decade. The results illustrate that the digitalization in the construction sector affect all aspects of construction projects, with the strongest impact on the architecture design and building information modelling. Big data in construction is associated with the data storage, data analytics and information management, during the whole life of the buildings. The third search criterion shows that construction companies most often forecast the total costs using regression analysis, machine learning algorithms, artificial neural networks, etc The research findings could support decision makers and practitioners with-depth understanding for the possible advantages of digital technologies in the construction industry. The current study is part of a larger project called "Digitalization of Economy in a Big Data Environment" BG05M2OP001-1.002-0002-C02. Keywords: construction industry, big data, digitalization, forecast, scientometric analysis, Vosviewer Classification-JEL: E020 Pages: 21-32 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/21-32.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:21-32 Template-Type: ReDIF-Article 1.0 Author-Name: Radostina Prodanova Author-Email: radostina_prodanova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: An Analysis of Hotel's Responses to Negative and Mixed Online Reviews in Varna Abstract: Nowadays hotel reviews, published on various travel websites like TripAdvisor, Booking, Expedia and Orbitz, are the main source of information about the quality of services and play a significant role in the purchase decision process. At the same time hotel responses to online reviews are widely regarded as a main online reputation management tool. Researchеrs in this field found that they have a strong impact on hotel occupancy, customer satisfaction and financial profitability. The main purpose of this article is to analyze the response rate and the structure of hotel responses, used by 4-star hotels managers. The data was collected from Booking.com. The results of this study expand the understanding of hotel responses and can be used for creating successful online reputation strategy. Keywords: hotel online reputation, Booking reviews, online reviews, content analysis, negative reviews, online review responses Classification-JEL: L83, L86, M31 Pages: 33-43 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/33-43.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:33-43 Template-Type: ReDIF-Article 1.0 Author-Name: Svetla Rakadzhiyska Author-Email: svetlar@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Tourism in the Bulgarian Economy - Analyses and Evaluations Abstract: The present study is an attempt to reveal the economic nature of the phenomenon of tourism. With the help of summarized statistical data, its contribution to the national economy is outlined. Directions for increasing the economic results of the development of tourism in Republic of Bulgaria are indicated. Keywords: tourist visits, income from tourism, GDP, employment, destination Bulgaria Classification-JEL: D0, Z31 Pages: 44-53 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/44-53.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:44-53 Template-Type: ReDIF-Article 1.0 Author-Name: Svetlana Gercheva Author-Email: svetlana.gercheva@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Recycling of Carbon Revenues in Bulgaria Abstract: The current paper deals with the recycling of CO2 allowances revenue, which Bulgaria receives at the regular auctions held within the EU Emission Trading System (EU ETS). Based on the normative and comparative approaches, the author concludes that the country has opted for a smart trajectory of carbon revenue recycling. The proceeds from national CO2 allowances are returned back to the Bulgarian economy fostering thereby clean electricity generation. EU ETS financial resources have been earmarked to the extrabudgetary fund "Security of the energy system". In turn, the latter channels the income from CO2 allowances towards reduction of the green component in the price "Obligations to the public". This recycling decision helps relieve the electricity cost burden of businesses and households in Bulgaria. Keywords: EU Emission Trading System, Bulgarian CO2 allowances, recycling, carbon revenue, clean electricity generation, price "Obligations to the public". Classification-JEL: H27, Q48, Q54, Q58 Pages: 54-62 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/54-62.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:54-62 Template-Type: ReDIF-Article 1.0 Author-Name: Stoyan Marinov Author-Email: s.marinov@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Theoretical and Applied Aspects of the Competitiveness of the Tourism Enterprise Abstract: The report systematizes the theoretical statements about the competitiveness of the enterprise and specifies the guidelines for their practical application according to the specifics of the tourism enterprise (TE). The competitiveness of the tourism enterprise is defined. The process and methods of assessing the competitiveness of the tourism enterprise and the development of a profile of the main competitors are presented. The factors for increasing the competitiveness of the tourism enterprise are distinguished and interpreted. Possible strategies for increasing the competitiveness of the tourism enterprise are discussed. Keywords: Business Economists, Competitiveness, Diversification, Tourism Enterprise, Tourist Market Classification-JEL: M210 Pages: 63-71 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/63-71.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:63-71 Template-Type: ReDIF-Article 1.0 Author-Name: Teodora Teofilova Author-Email: teodora_teofilova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: The Service in the Bulgarian Hotel Industry in the Conditions of the Changing Socio-Economic Environment Abstract: The main goal of the study is to highlight and analyze some of the socio-economic factors that directly affect the hotel service, as well as the extent to which they require a change in the planning and "delivery" of hotel services in Bulgaria. We are in the period of transforming and dynamic economic environment, caused by the Covid-19 pandemic worldwide and as a result the process of service industry is changing. The article presents opportunities for improvement of quality guest experience in the hotels by monitoring good practices in the implementation of standardization and certification in the service as a successful approach to gaining customer trust. Conducted interviews with hotel managers provide a starting point of predicting the future development of care for guests, realizing that many of them have already changed their standard of living. Keywords: service, socio-economic environment, Covid-19, hospitality industry, quality standards Classification-JEL: E24, L15, L83, L84, Z30 Pages: 72-81 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/72-81.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:72-81 Template-Type: ReDIF-Article 1.0 Author-Name: Todor Dyankov Author-Email: todordyankov@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Author-Name: Krasimira Yancheva Author-Email: krasimira_yancheva@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Possible Cultural Tourism Routes on the Silk Road in Bulgaria Abstract: This paper is dedicated to the presentation of conceptual activities for the creation of the Main SILC Route in Bulgaria according to the completed objectives in project BSB - 570 Silk Road Local Culture (SILC) on behalf of the Bulgarian side. The theoretical research is focused on a constructive review of all related achievements in the field of certification of cultural routes in tourism, cultural route programmes and the idea for development of the Silk road concept on an international level. In the discourse of this topic different institutional initiatives and legal practices take their relevant places as major prerequisites and essential drivers for the official establishment and further enhancement of a cultural Silk road. The Main SILC Route in Bulgaria has its all chances for a successful beginning. Keywords: Cultural tourism routes, Cultural routes programme, Silk Road, Cluster points, Classification-JEL: Z320 Pages: 82-92 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/82-92.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:82-92 Template-Type: ReDIF-Article 1.0 Author-Name: Yanko Georgiev Author-Email: yanko_georgiev@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Critical Success Factors for ERP Implementation Abstract: ERP systems, representing a software solution designed and created to cover the entire activity of the enterprise, can be defined as highly complex systems. This makes their implementation an even more complex process, requiring in-depth knowledge of the business processes in the company and its various departments, as well as the ERP system, with its capabilities and limitations. The implementation of such a software solution, no matter who the implementer is and in which enterprise it is implemented, is a complex and time-consuming project. And its successful finalization depends to a large extent on the knowledge of the implementation processes and the critical factors for success. Keywords: Enterprise Resource Planning, ERP, implementation processes, software, Critical Success Factors Classification-JEL: A00 Pages: 93-100 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/93-100.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:93-100 Template-Type: ReDIF-Article 1.0 Author-Name: Pavlina Yamukova Author-Email: pavlina.yamukova@vfu.bg Author-Workplace-Name: Varna Free University "Chernorizets Hrabar" Author-Name: Todor Milkov Author-Email: t.s.milkov@abv.bg Author-Workplace-Name: Varna Free University "Chernorizets Hrabar" Title: Europe's "Digital Decade" - a Digital Response to COVID-19 Abstract: The concept of e-government in the first decade of the 21st century in Bulgaria aims to improve the quality of administrative services and the business environment - with expectations to be achieved by the end of 2010. From the beginning of the third decade of the century, the EU's digital strategy aims to make administrative transformation effective for people and businesses across Europe by 2050. In view of the Coronavirus crisis, the digital single market strategy in the European public administration, based on the implementation of digital governance solutions in support of political and administrative processes, is becoming increasingly important. Whether the mistakes of the first decade will be repeated in the third, called the Digital Decade (Digital), whether the Digital Economy and Society Index (DESI) will be improved through the introduction of the EU-wide Joinup Platform - These are the questions to which the article seeks answers through research, systematization and critical analysis of author's opinions in the field of e-government in public organizations, through research, systematization and critical analysis of author's opinions in the field of e-government in public organizations. Keywords: Digital Decade, Digital Economy and Society Index (DESI), Joinup Platform Classification-JEL: H00 Pages: 101-109 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/101-109.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:101-109 Template-Type: ReDIF-Article 1.0 Author-Name: Aleksandar Shivarov Author-Email: a.shivarov@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Global Interdependencies in Seafood Trade: The Case of Bulgaria Abstract: The international trade in fish and fishery products has reached global dimensions during the past several decades. While the domestic demand for seafood in Bulgaria is modest compared to European and world levels, Bulgarian fish processing enterprises are part of international value chains. At the same time consumer preferences for certain types of seafood in foreign markets shape the activities of the Black Sea fishing fleet. The paper makes an attempt to reveal some of the linkages between the Bulgarian commercial fishing and processing, and the world market that have formed during the past years. It outlines the development of the fishing fleet, its economic performance, the type of catch for domestic consumption and for export, as well as the role of the processing sector. It illustrates an aspect of globalisation: the connection between the harvesting of marine living resources and the demand for them in the world market. The development of the world seafood market calls for a precautionary fishery management approach, which envisages the potential exploitation of new species for a particular water basin. Keywords: seafood, fish production, aquaculture, international trade, fishery management Classification-JEL: F14, F18, Q22, Q56 Pages: 110-121 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/110-121.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:110-121 Template-Type: ReDIF-Article 1.0 Author-Name: Mohammad Hazimeh Author-Email: Mohammad.hazimeh@students.ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Defining Location Based Marketing and Identifying the Benefits of this Strategy Abstract: With the development of technology, marketing methods have had to evolve to suit everyday lives of customers in order to grasp their attention where it matters most. The increase of smart phone usage and the entrance of the social media and smart phone applications in everyday lives have made it necessary for marketers to tend to customers using those methods. Location Based Marketing has been the marketing method which reaches these potential customers where they are found, at the right time and place, in addition to the precise targeting of the relevant market. Location Based Marketing uses several techniques to achieve that matter, giving it several benefits, advantages, and an over hand in successful marketing and goal achieving. Keywords: Marketing, Location, Location Based Marketing, business, social media, targeting, geotargeting. Classification-JEL: M31 Pages: 122-126 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/122-126.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:122-126 Template-Type: ReDIF-Article 1.0 Author-Name: Yana Doneva Author-Email: yana_doneva@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Tourist Tax as a Source of Income Abstract: Taxes are the main source of revenue in the state and municipal budgets. They are a factor with direct and indirect effect on economic growth. The aim of the study is to examine the importance of tourism as a source of income for the country and different regions. The values and the revenues from tourist tax are considered here. The results of the survey show the financial contribution of the sector at local level and determine the guidelines of the key role for the development of the regions in Bulgaria. Keywords: tourist tax, tourism destination, destination management, public policy Classification-JEL: R5, H7 Pages: 127-135 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/127-135.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:127-135 Template-Type: ReDIF-Article 1.0 Author-Name: Tariq Hassan Author-Email: twittariq2@gmail.com Author-Workplace-Name: University of Ruse "Angel Kanchev", Bulgaria Author-Name: Emil Papazov Author-Email: epapazov@gmail.com Author-Workplace-Name: University of National and World Economy - Sofia, Bulgaria Author-Name: Lyudmila Mihaylova Author-Email: lmihaylova777@gmail.com Author-Workplace-Name: University of Ruse "Angel Kanchev", Bulgaria Title: Strategic Aspects of Tourism Development in UAE Abstract: The strategic aspects of the tourism development in the UAE have been discussed on variable forums and in different documents of the native government and refer to infrastructural, marketing, financial and organizational issues. The idea has been to raise the attractiveness and values of the domestic tourist industry. The aim of the paper is to present and analyze strategic aspects related to the competitiveness of the UAE as a tourist destination from a business point of view. The method of comparative analysis is used. The resources and the infrastructure of the destination, as well as the supporting services forming the business environment, have a significant impact on the competitiveness of UAE tourism development. The strategic path of tourism in the country is related to the coordination of all management levels - micro, mezzo and macro. Keywords: strategic management, tourism, business economics Classification-JEL: M21, Z32 Pages: 136-144 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/136-144.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:136-144 Template-Type: ReDIF-Article 1.0 Author-Name: Violeta Peteva Author-Email: v.peteva_laskova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Transformations of the Marketing mix in Conditions of the New Digital Reality Abstract: At the beginning of the third decade of the 21st century, we are witnessing extreme dynamism in the course of social, economic, cultural and technological processes in society. Digitalization and the accompanying technological innovations have a dramatic and irreversible impact on the marketing environment, business models and models of consumer behaviour. This predetermines the need to transform the marketing mix, as a classic concept and strategic planning tool, what and how to offer customers. In today's digital reality, the classic concept of the marketing mix, that of the 4Ps, is evolving towards greater consumer involvement in marketing strategies. The report examines and analyzes some of the most popular trasformations of marketing mix: Booms & Bitner's 7Ps model; Mason & Mayer's 6Ps model; Kotler, Kartajaya & Setiawan's 4Cs model; Constantinides 4S Web-Marketing Mix model; Fetherstonhaugh's 4Es model. Keywords: marketing mix, 4Ps marketing mix, 7Ps marketing mix, 6Ps marketing mix, 4Es marketing mix, omnichannel consumers, connected consumers Classification-JEL: M31 Pages: 145-156 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/145-156.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:145-156 Template-Type: ReDIF-Article 1.0 Author-Name: Nela Kalpakchieva Author-Email: Nela.Kalpakchieva@mu-varna.bg Author-Workplace-Name: Medical University - Varna Prof. Dr. Paraskev Stoyanov, Varna, Bulgaria Title: Development of Dental Tourism in Bulgaria Abstract: This study examines the opportunities for the development of dental tourism in Bulgaria. Dental tourism is a specific type of medical tourism, which has been developing rapidly in recent years, and in Bulgaria dental tourism has only been reflected for five or six years. Dental tourism is not affected by seasonality, it is not directly related to the availability of tourist resources and can successfully be combined with various types of tourism. These features increase its importance not only for reducing seasonality in our seaside and mountain resorts, but also for the economic "revival" of some less developed municipalities and regions. The first part of the study examines the features of medical tourism and in particular dental tourism, as well as the factors that influence the choice of a dental clinic. The second part of the representation shows the good practices of leading dental clinics in Bulgaria. Keywords: medical tourism, dental tourism, dental clinics Classification-JEL: I10 Pages: 157-164 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/157-164.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:157-164 Template-Type: ReDIF-Article 1.0 Author-Name: Tihomir Patarinski Author-Email: tihomir.patarinski@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Role of the Sustainable Tourist Development for the Regional Economy of Varna Municipality Abstract: An important component in assessing the role of sustainable tourism is determining its economic, environmental, cultural and social impact in the designated area. The recognition of impacts that tourism causes in destination areas is a crucial parameter in the decision-making process for tourism. This process is essential so that tourism's sustainability in a destination area will be ensured. This study uses a matrix of indicators to examine the economic effects of tourism in a Varna municipality. The matrix provides a systematic framework for synthesizing and displaying the data on a regional tourism industry and estimating his regional economic multiplier in terms of sustainable development. Keywords: Sustainable Development, Economic Impact, Tourism Growth, Destination Product, Varna municipality Classification-JEL: Z320 Pages: 165-176 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/165-176.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:165-176 Template-Type: ReDIF-Article 1.0 Author-Name: Atanas Atanasov Author-Email: atanasov_at@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Bulgaria Title: COVID-19 as a Triggering Event in the Goodwill Impairment Testing Abstract: The purpose of this article is to review and analyze the existing regulation of the accounting impairment of goodwill in the financial statements of enterprises in the light of the COVID-19 pandemic, answering the question of whether COVID-19 can be considered as a "triggering event" in the performance of the impairment test. As a result of the study it was concluded that the assessment of whether COVID-19 is a "triggering event" with material impact on goodwill impairment should be made on the basis of enterprise-specific indicators and should be performed holistically. Keywords: goodwill impairment, indicators, COVID-19, triggering event, IAS 36 Classification-JEL: M41 Pages: 177-184 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/177-184.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:177-184 Template-Type: ReDIF-Article 1.0 Author-Name: Damyan Kirechev Author-Email: dkirechev@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Author-Name: Anton Petev Author-Email: petev_1980@abv.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Sustainability of the Food System - Contemporary Challenges and Problems for Bulgaria Abstract: There is an objective need to address the challenges of the right to food, malnutrition, poverty, rural development, climate change. The challenges facing modern food systems are complex, unpredictable and specific. This requires that the transition to sustainable food systems be implemented in a coherent manner in accordance with national contexts and capacities. This paper analyses the food system challenges in the world, the European Union and Bulgaria. Achieving an effective transition towards food system sustainability will require significant collaboration between different actors and at different levels of governance, encompassing, among others, policy makers, the many industries in the food chain, land managers, academics, educators and civil society. Based on critical factors for the development of the food system, the need to implement modern practices to ensure sustainability in the food supply is highlighted in the context of the EU's Farm to Fork Strategy and Green Deal. Keywords: food; food system; sustainable foof system; from farm to fork; agri-food sector Classification-JEL: Q01, Q18 Pages: 185-193 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/185-193.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:185-193 Template-Type: ReDIF-Article 1.0 Author-Name: Rumyana Marinova Author-Email: r_marinova@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: COVID-19 Impact on the Subsequent Assessment of the Competition Rights of Football Players Abstract: Acquired competition rights to football players are a specific intangible asset and therefore have different features in their initial and subsequent valuation. The purpose of this article is to discuss the impact of COVID-19 on the subsequent assessment of the value of transfer rights of players and on this basis to be made a critical analysis of the main factors relevant to the subsequent reporting of these rights and their presentation in the financial statements of the football clubs that apply International Financial Reporting Standards. As a result of the study, it was summarized that COVID-19 can be considered as a factor in reducing the value of the competitive rights of football players. This factor can be included as part of the so-called general factors that are relevant to the overall performance of the football club, as well as to have a personalized meaning - in relation to individual players. It was concluded that UEFA should develop a strict methodology that allows clubs to recognize impairment losses on competition rights in their financial statements and this methodology should be part of the FFP Rules. Keywords: accounting, football players, impairment, IAS 36, COVID-19, UEFA FFP Rules Classification-JEL: M41 Pages: 194-201 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/194-201.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:194-201 Template-Type: ReDIF-Article 1.0 Author-Name: Damyan Kirechev Author-Email: dkirechev@ue-varna.bg Author-Workplace-Name: University of Economics - Varna, Varna, Bulgaria Title: Assessment of the Financial Efficiency of Enterprises in the Agricultural Sector in Bulgaria Abstract: The paper analyses the changes in the efficiency and returns to investment in agricultural assets at the sectoral level in Bulgaria after 2007. The methodology incorporates data from the Farm Accounting and Data Network (FADN) at EU level. It assesses key indicators characterizing changes in income, returns and financial position of the agricultural sector in Bulgaria, and analyses the determinants of farm efficiency. Keywords: agricultural income; gross output; subsidies; financial efficiency; farm efficiency Classification-JEL: Q12, Q14 Pages: 202-212 Journal: Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series Volume: 10 Issue: 3 Year: 2021 Month: December File-URL: http://su-varna.org/journal/IJUSV-ESS/2021.10.3/202-212.pdf File-Format: Application/pdf Handle: RePEc:vra:journl:v:10:y:2021:i:3:p:202-212