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.
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The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
To Lam, the General Secretary of the Communist Party of Vietnam, is on an official visit to Bulgaria. He was welcomed at a ceremony in St. Alexander Nevsky Square by President Rumen Radev and his wife, Desislava Radeva, as reported by the Bulgarian..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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