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 coalition GERB-SDS has begun negotiations with the other parliamentary formations for the election of a regular cabinet within the 51st National Assembly. The meetings are being held before President Rumen Radev hands the first exploratory mandate..
Caretaker Prime Minister Dimitar Glavchev has once again confirmed Bulgaria's position on the accession of the Republic of North Macedonia to the EU. The topic was discussed in a telephone conversation between Glavchev and President..
The first mandate for forming a government will be handed over after New Year’s Day, if this week is used for talks between the political formations. This became clear at a briefing by President Rumen Radev. He pointed out that it..
Vice President Iliana Iotova said in Pernik that she is optimistic about the formation of a regular cabinet. "Yesterday's talks..
Hungarian Prime Minister Viktor Orbán will visit Bulgaria this Friday 20 December, according to BGNES and a number of other Bulgarian media. The..
On Wednesday , the lowest temperatures in Bulgaria will be between 0 and 5°C; in Sofia - about 0°C. Sunny weather will prevail during..
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