Bulgaria's Hotel Sector Faces Workforce Shortages and High Taxes Ahead of 2025 Season
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
In April 2014, demand for new passenger cars in the EU increased for the 8th consecutive month, with a rise of 4.6% in registrations.
In April 2014, new passenger car registrations increased by 7.4%, totaling 4,336,013 units, according to the European Automobile Manufacturers Association (ACEA).
In April 2014, Germany was the only major market to face a downturn (-3.6%). All other significant markets contributed positively to the overall 4.6% expansion of the EU market, with growth ranging from 1.9% in Italy, 5.8% in France, 8.2% in the UK to 28.7% in Spain.
From January to April, all major markets posted growth, contributing to the overall 7.4% upturn of the EU market. The increase in passenger car registrations in this period ranged from 2.9% in Germany, 3.7% in France, 5.0% in Italy to 12.5% in the UK and 16.2% in Spain.
According to the survey of ACEA, new car sales in Bulgaria have registered an increase of 13.9% in April yoy to 1,632 units.
For the first four months of 2014, the registration of new cars in Bulgaria increased by 25.2% to 6478 units. According to this indicator Bulgaria ranked fifth among all 28 countries, and was surpassed only by Portugal with an increase of 43.7%, Lithuania (27.7%), Ireland (26.6%) and Poland (26%).
In February, Bulgaria recorded the highest annual growth in construction output among EU member states
The National Real Estate Association has raised concerns regarding the proposed Bill on Real Estate Brokers
The Bulgarian Pavilion at World Expo 2025 in Osaka is quickly becoming a focal point of international attention
Nexo, a prominent digital asset management platform, is organizing the Trump Business Vision 2025 Forum in the Bulgarian capital
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase