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.
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..
The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..
“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..
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