Bulgaria’s Budget Freeze: Over 3.5 Million People Face Halted Incomes Ahead of Euro Adoption
After days of nationwide demonstrations and mounting political tension, the government has withdrawn all three draft budget laws for 2026
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The new tax campaign begins today and runs until April 30.
Individuals and companies will be able to submit their income declarations in 2019 both electronically and on site in the relevant National Revenue Agency territorial directorates.
Those who have received incomes other than their salaries, such as fees or rents, are also required to declare these incomes.
The agency reminds citizens that in order to receive a 5% discount on the surcharge, they have to submit their declarations by 31 March.
For the first year, the fill in of the declarations will now be avoidable. Those who have a Personal Identification Code (PIC) from the NRA will receive a pre-filled declaration in which they will be able to make changes.
Please note that rhis service will be available in March.
Bulgaria has officially launched the 2026 tax campaign for income earned in 2025, and early results show strong public engagement.
The latest data from the Bulgarian National Bank reveal a striking growth in large household deposits by the end of December 2025.
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
Bulgaria’s National Statistical Institute (NSI) has reported a visible deceleration in inflation, according to the latest Consumer Price Index, calculated on the basis of more than 40,000 price observations covering around 8,000 goods and services
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