Rising Debt Among Young Bulgarians: A Concern for Financial Literacy
The number of young people up to the age of 25 who are heavily in debt is on the rise in Bulgaria
Europe's New Car Sales Grow For Ninth Straight Month
Business | June 17, 2014, Tuesday // 13:52
- Tweet
Send to Kindle
File photo
European demand for new passenger cars increased for the ninth consecutive month in May, data from the European Automobile Manufacturers Association showed Tuesday.
Car sales rose 4.5% year-on-year in May, slightly slower than the 4.6% rise posted in April.
Bulgaria, however, is among the countries where the new car sales declined, along with Italy, Austria, Belgium, Estonia, Finland and Slovenia.
According to the data, in Bulgaria in May were sold 1802 new automobiles, which is by 2.8% less than in May 2013.
Overall, new car sales in Bulgaria in the first five months of 2014, have posted a 17.8% increase, year-on-year.
In May, Italy was the only major market to register a decline, down 3.8%. All other significant markets contributed positively to the overall increase, with growth ranging from 0.3% in France to 16.9% in Spain. Sales in Germany advanced 5.2% and by 7.7% in the UK.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Fewer Households in Bulgaria Use Wood for Heating as Prices Rise and Supply Wanes
Fewer households in Bulgaria are relying on wood for heating
Gross External Debt in Bulgaria Climbs, Driven by Long-Term Liabilities
At the end of July 2024, Bulgaria's gross external debt reached 43.69 billion euros
Bulgarian Fruit Crops Suffer Due to High Temperatures and Hailstorms
This year, Bulgaria saw a weaker fruit crop harvest compared to previous years
Strong Winds and Rain Expected Across Bulgaria This Weekend
Overnight and into tomorrow, widespread precipitation is expected, with more intense thunderstorms in Western and Central Bulgaria
Bulgaria’s Finance Ministry Anticipates Meeting Eurozone Inflation Criteria by December
Bulgaria's Ministry of Finance is optimistic that the final requirement for joining the Eurozone will be met by December
Gross External Debt in Bulgaria Climbs, Driven by Long-Term Liabilities
At the end of July 2024, Bulgaria's gross external debt reached 43.69 billion euros
Mining Industry Leads as Producer Prices Rise in Bulgaria
In Bulgaria, producer prices in August saw a 1.5% increase compared to the same month last year
Bulgarian Fruit Crops Suffer Due to High Temperatures and Hailstorms
This year, Bulgaria saw a weaker fruit crop harvest compared to previous years
Unexpected City Takes Lead in Housing Price Increases in Bulgaria
The steady rise in housing prices in Bulgaria is no longer surprising, but what is noteworthy is a shift in the cities experiencing the fastest increases
Bulgaria’s Finance Ministry Anticipates Meeting Eurozone Inflation Criteria by December
Bulgaria's Ministry of Finance is optimistic that the final requirement for joining the Eurozone will be met by December
Bulgaria's Tourism Minister Highlights 2024 as Best Year Yet, but Challenges Remain
Tourism Minister Evtim Miloshev announced that 2024 has been the best year for Bulgarian tourism since the introduction of statistical tracking. Indicators such as tourism revenue
