Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
According to preliminary data of Bulgaria's Finance Ministry, the country will register a budget surplus of BGN 250 M for the first quarter of the new year.
This will be the first surplus recorded in the first quarter of the year since 2009, the ministry's press service reports.
This is a significant improvement compared to the same period in 2014, when a deficit of BGN 874.7 M was registered.
The improvement is largely due to the higher revenues, with BGN 340 M worth of incomes registered by the revenue administration only in the last two days of March.
The revenues to the consolidated fiscal programme by the end of March are estimated to be BGN 7 780 M, which represents a nominal increase of 18.3 % compared to the same period in 2014.
The payments, which were restored by the European Commission under certain operational programmes, have also contributed to the improvement.
The expenses under the consolidated fiscal programme by the end of March are projected to be BGN 7 530 M, which is close to the value, which was registered in the same period last year.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022