Bulgaria is the country in the EU with the second biggest plunge in new car sales for 2020, or a drop of 37%, according to the European Automobile Manufacturers Association.
Croatia is the country which has taken the biggest plunge at 42.8%. But 36,005 new cars were purchased in that country which has a population of 4 million, whereas in Bulgaria, with a population of 6.9 million, this figure stands at 22,368.
Sales took the most dramatic plunge in Bulgaria in November and December – by 45.2% and 40.3% compared to a year earlier.
For the EU the drop is by 3 million vehicles, or 24%, the BTA reports. All markets register a two-digit drop. The main cause of the contraction of the market cited is the imposition of restrictive measures throughout Europe to curb the second wave of Covid-19.
If we delay and do not reorganize and modernize our arms industry, in 5-6 years it will be exotic for the European arms market. This is a major challenge", said Bulgaria’s Minister of Defense Atanas Zapryanov during the discussion “The Hague 2025:..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each..
A discussion on the potential reintroduction of religious education in Bulgarian schools was held at the National Palace of Culture in Sofia. The discussion was organized by the Ministry of Education and Science. Religions will be studied from a..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
One hundred days after the start of its work, the government of Rosen Zhelyazkov enjoys the approval of 19.2% of Bulgarian citizens,..
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