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.
At a meeting in parliament in the presence of the party leaderships, the GERB-SDS coalition and the DPS-New Beginning party agreed on a full mandate to govern and fulfil the commitments for Bulgaria’s Euro-Atlantic orientation. This..
On October 21, the Ministry of Finance assumed domestic debt and sold government securities for 145 million euros with 3-year maturity. In 2025, the state assumed domestic debt of 1.45 billion euros. Debt of 7.2 billion euros was..
Foreigners often want to pay in euros. The reason is that the goods already have a price in the European currency, the commercial establishments in Kyustendil say. Sellers have some difficulties explaining that this cannot be done..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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