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.
North Macedonia is preventing itself from joining the EU by failing to meet the membership criteria, Bulgarian President Rumen Radev said at a joint press conference in Zagreb with his Croatian counterpart Zoran Milanović. Radev stressed that..
Within seven days, the government will propose amendments to the Law on the Introduction of the Euro, setting out additional measures to tackle unjustified price hikes. Penalties will be more severe, and the legal powers of the Commission for Consumer..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the most prestigious chemistry competition of the year, said the Natural Sciences Olympic Teams..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
Within seven days, the government will propose amendments to the Law on the Introduction of the Euro, setting out additional measures to tackle..
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