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.
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by the American and British Chambers of Commerce in Bulgaria. Minister Petkova emphasised that Bulgaria..
Deputy Foreign Minister Elena Shekerletova received the credentials of the new Italian Ambassador in Sofia, Marcello Apicella, the Foreign Ministry said. During the talks, both sides expressed satisfaction with the long-standing friendly relations and..
Bulgaria’s Minister of Energy Zhecho Stankov and Vanya Ivancheva, Country Chair Shell Bulgaria, signed a contract for oil and gas exploration in Bulgaria’s exclusive economic zone in the Black Sea. The ceremony took place at the Council of Ministers..
The Ministry of the Interior announced in a briefing that it is taking all necessary measures to ensure a smooth flow of traffic during the upcoming..
The Executive Agency National Film Center (NFC) has launched a new digital platform Filmcenter.bg . The portal facilitates free access for international..
The Council of Ministers has approved and submitted to Parliament for debate amendments to the Criminal Code that increase the penalties for torturing..
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