For the third month in a row, Bulgaria ranks first in the EU in terms of annual decline in retail trade, according to Eurostat. Retail trade in Bulgaria declined by 17.5% on an annual basis in July, while for the EU as a whole, the indicator fell by 0.7%.
The rate of decline in retail sales in Bulgaria slowed down after May, when the strongest decline was reached - 20.4% on an annual basis. On an annual basis, the indicator increased the most in Ireland by 9.1%, in Lithuania by 6.8% and in the Netherlands by 6%. With the biggest declines, Bulgaria was followed by Malta with minus 8.1% and Luxembourg with 6.1% decline in consumer spending on shopping.
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference. Christine Lagarde was asked to comment on the country’s..
On Friday there will be fog in the lowlands and valleys in the morning and until midday. Minimum temperatures 0-5° C., for Sofia around zero. During the day the clouds will begin to disperse and to scatter from the Southwest, and the weather will be..
The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
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