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.
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
Overcast, rain
Rain
Cloudy
Cloudy