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.
President Rumen Radev continues consultations with parliamentary groups for the formation of a new government, after meeting with GERB-SDS and PP-DB today . However, a meeting with DPS - A New Beginning led by Delyan Peevski is not scheduled. This..
At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..
The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..
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..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37..
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