NSI Poll: Business Climate in Bulgaria Shows Slight Improvement

A regular monthly poll by the National Statistical Institute has found that managers saw the business climate in Bulgaria in April largely unchanged compared with March.

The monthly polls earlier this year had seen slight improvements in the business climate in Bulgaria, after the indicator plunged in the first half of 2020 against the background of the Covid-19 pandemic.

Greece Gradually Lifts Lockdown, Retail Shops Reopened

After months of lockdown, retail shops in Greece will open on Monday, April 5, Deputy Minister for Civil Protection Nikos Chardalias announced on Wednesday.

Customers — with appointments — will be permitted to do their shopping under extremely strict anti-virus measures, Chardalias stated. Large super-stores and malls will not be open at all, however.

Retail sales volume up 2% in January

Turkey's retail sales volume with constant prices jumped 2% year-on-year in January, according to official figures released on March 12. 

Sales of food, drinks, and tobacco increased 12.3% during the month, the Turkish Statistical Institute (TÜİK) said.

Automotive fuels and non-food sales dropped 5.8% and 0.6%, respectively.

Stores fear a third lockdown

The retail market is holding its collective breath ahead of the prospect of brick-and-mortar stores having to close again. If this happens, it will be the killing blow for thousands of enterprises, leading to permanent closures and definitive job losses.