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Bulgaria’s debt amounted to EUR 13.2 billion in 2017

In 2017 Bulgaria’s debt amounted to EUR 13.2 billion, or 25.6% of the country’s gross domestic product, the National Statistical Institute informs. According to final data, the State Government sector registered a budget surplus of EUR 573 million, or..

22.10.18 12:35 |

Owners of old vehicles to pay higher tax

Bulgaria’s National Assembly adopted at first reading amendments to the Corporate Income Tax Act. According to the amendments, the owners of old vehicles in Bulgaria will pay higher taxes after the introduction of a property and environmental..

18.10.18 12:15 |

Bulgarian banks’ profit rises significantly

According to data of the Bulgarian National Bank, the profit of the Bulgarian banks rose significantly to EUR 556 million at the end of August 2018 from EUR 567 million registered in the same period last year. Bank lending increased with EUR 230 in one..

01.10.18 10:06 |

Profit of Bulgaria’s banking system increases with 25% year on year

The profit of the Bulgarian banking system by end June 2018 amounted to EUR 409 million, which is 25% more as compared to the same period last year, data of the Bulgarian National Bank show. The total assets of the banking system amount to EUR 52..

31.07.18 17:15 |

More and more Bulgarians educated abroad seek a career in this country

A survey by the Carrier in Bulgaria forum indicates that more and more highly qualified Bulgarians, educated abroad, are looking for career opportunities in Bulgaria. The sectors which attract them most are management, marketing, consulting,..

03.08.17 12:33 |

Bulgaria’s Ministry of Finance lifts 2017 economic forecast

According to the spring macroeconomic forecast of Bulgaria’s Ministry of Finance, the country’s economy is expected to see a 3% increase in 2017. In the autumn of 2016 the Finance Ministry was forecasting a 2.9% rise in the country’s GDP. Local..

05.04.17 09:38 |

Bulgaria ends 2016 with budget surplus for first time since 2008

Bulgaria’s Ministry of Finance announced that the balance of the Consolidated Fiscal Programme on a cash basis for 2016 is positive for the first time since 2008. The budget surplus is to the tune of EUR 768 million and will be go to the fiscal..

05.01.17 09:54 |

Bulgaria’s banking system to register record-high profits in 2016

The profit of Bulgaria’s banks amounted to over EUR 600 million by the end of November, the Bulgarian National Bank informs. The banks’ profit is EUR 180 million higher as compared to the same period (January-November) last year. According to..

31.12.16 09:47 |

2017 state budget will not be withdrawn from Parliament: Vladislav Goranov

Bulgaria’s cabinet will not give up on any of its policies. All of them are still topical and we will continue fulfilling those policies until the end of that government, Bulgaria’s Minister of Finance Vladislav Goranov announced. In his words, the..

14.11.16 15:47 |

Bulgaria’s cabinet reports on EUR 1.7 billion budget surplus

Bulgaria’s cabinet has approved a report on the fulfillment of the state budget and the main indicators of the consolidated fiscal programme for the first nine months of 2016. The balance of the consolidated fiscal programme by September 2016 is..

09.11.16 13:11 |
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