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.
The Culture Committee of the Bulgarian National Assembly failed to approve, at first reading, a bill on amendments to the Public Libraries Act to rename the National Library Sts. Cyril and Methodius to People’s Library. 2 MPs voted “for”, 4 voted..
A proposal for the establishment of a state-run company for trading in groceries, primarily produced in Bulgaria, via chain stores, was approved by the National Assembly’s Committee on Budget and Finance. The proposal was tabled between the..
The Eurogroup encourages Bulgaria to adopt the euro, according to a letter by its President Paschal Donohoe to European Council President Antonio Costa. The letter comes in connection with the upcoming meeting of the European leaders in Brussels on..
EUR 87 million under the operational programme Transport Connectivity, earmarked for the Russe-Veliko Tarnovo motorway is being redirected to the Europe..
Bulgarian Ambassador to the United States Georgi Panayotov and Raycho Raychev, founder and CEO of the Bulgarian company EnduroSat , met with experts..
The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated..
+359 2 9336 661