The volume of retail sales in Bulgaria turned to both monthly and annual growth in June after falling by 0.3% m/m and 1.8% y/y in May, Eurostat data showed. Seasonally adjusted retail sales volume inched up by 0.3% m/m in June and thus Bulgaria was one of the seven countries in which total retail trade rose during the month. In working day adjusted annual terms, retail sales volume went up by 0.4%. Overall retail sales in the EU dropped by 0.3% m/m (up 0.1% m/m in the euro area) and by 0.7% y/y (down 1.2% y/y in the euro area) in June. |
The EC has sent a reasoned opinion to Bulgaria over failure to comply with EU rules on the free movement of capital, the EC said on its website. The privatisation act in Bulgaria introduces ... more
Bulgaria will be seeking an extension of the court procedure filed by the EC against the country over irregularities found in the assignment of digital broadcast spectrum, transport minister ... more
Bulgarian individuals and companies hold EUR 100mn in Cypriot banks according to ECB data, BTA reported quoting Reuters. The largest EU depositors in the crisis-hit country are Greece with EUR ... more