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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.
Bulgaria’s labor market remained stable in October, with the Employment Agency reporting a registered unemployment rate of 5.15 percent
Northwestern Bulgaria continues to hold the grim distinction of being the deadliest region in the European Union when it comes to road fatalities
A recent survey by bTV examined fuel prices in Bulgaria compared to several neighboring Balkan countries
Finance Minister Temenuzhka Petkova outlined the reasons behind the projected rise in Bulgaria’s debt for next year, which is set to reach 10.5 billion euros
A significant weather advisory is in effect for Wednesday, November 19th, as overcast conditions and widespread rainfall are forecast across Bulgaria
A significant disruption originating from the infrastructure firm Cloudflare has led to widespread accessibility issues for a multitude of websites globally
Greek tax authorities have launched inspections into the operations of thousands of Greek-registered companies operating in Bulgaria
There’s something going on in Bulgaria that few outside the industry have fully clocked.
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
Bulgaria’s Energy Minister Zhecho Stankov has confirmed that the United States has not imposed any additional conditions for the temporary exemption from sanctions targeting Lukoil
The European Commission has revised its outlook for the Bulgarian economy, projecting a slowdown in growth over the next few years
Wizz Air has inaugurated direct flights from Plovdiv and Varna to Bratislava, expanding its Bulgarian network and enhancing connectivity with Central Europe
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