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.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the..
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