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.
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
With 128 votes in favour, the governing majority in Parliament and three independent MPs rejected the president’s veto on the Law on Defence and the Armed Forces. The amendments expand the possibilities for declaring a state of emergency and..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and..
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog..
Nikolai Popov - the father of 12-year-old Siyana, who lost her life in a heavy road accident, handed over to the Chairperson of the Supreme Court of..
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