According to the current legislation, payments on the territory of Bulgaria amounting to EUR 5,112 or more must be made via bank transfer or deposits in payment account, the National Revenue Agency reminds.
Between June and August 2020 more than 2,600 payments equaling or exceeding EUR 5,000 were made in cash. For such violations fines for natural persons may reach 25% of the total amount of payment and fines for legal entities may reach 50% of the amount paid in cash.
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
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