The State Budget Act for 2024 has been promulgated in the State Gazette. For the first time in several consecutive years, the country enters the new year with a regularly voted budget. The expected deficit is 3%. The expected annual inflation is 4.8 percent. The growth of the economy is projected to reach 3.2%.
In 2024, the National Revenue Agency introduced new criteria for defining companies as large or medium-sized taxpayers. 1,350 large companies have contributed more than 1.5 million euros to the budget during the year. Large companies will now be considered those that bring in more than 1.75 million euros per year or whose sales revenue is more than 150 million euros. Average taxpayers are those contributing over €0.75m or having sales revenue over €7.5m. There are about 3,300 such companies in Bulgaria.
Thanks to the improved conditions for operating civil flights in the airspace of Israel, the national carrier is restoring its flights to and from Tel Aviv, starting from December 26. Flights on the regular route of "Bulgaria Air" to..
Currently there is no risk of stopping the transit of natural gas from Russia through Bulgaria to other countries. This is what the Russian state agency TASS writes after Bulgarian Energy Minister Vladimir Malinov warned that..
Bulgarian citizens in UK, who are accused of spying for Russia, planned to kidnap a Russian investigative journalist and take him off the island by boat, it became known at the last session of the trial at the Central Criminal Court..
The decision to scrap Schengen border checks by land for Bulgaria and Romania has been included as the first item on the agenda of the EU Justice and..
Democratic Bulgaria has issued a position stating that an attempt must be made to form a government within the current parliament so as to avoid one..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
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