Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
@Presscentre of Vidin Municipality
The mayor of Vidin municipality welcomed a Chinese delegation
The mayor of Vidin municipality, Dr. Tsvetan Tsenkov, held a working meeting with representatives of the Chinese company China Railway International Group - one of the world leaders in railway construction. The visit of the Chinese delegation to the Bulgarian city was at the invitation of the Vidin mayor.
At the beginning of the meeting, Dr. Tsenkov presented his guests with souvenirs and advertising materials of the municipality, and they, in turn, presented him with a model of a high-speed railway developing at 300 km/h.
In the course of the talks, representatives of one of the largest Chinese companies specializing in the construction of infrastructure - railways, highways and bridge facilities - expressed interest in the construction of a tunnel under the Petrokhan Pass. The possibilities for the implementation of large-scale projects in Bulgaria from the point of view of European legislation, the implementation of the various procedures related to construction and the interaction with the competent institutions were discussed.
The mayor of the municipality of Vidin started the Chinese delegation with the investment opportunities and the intention to build an Industrial Zone near the city.
With this visit, the guests also declared the desire of Chinese companies to invest in Bulgaria and, in particular, in the Vidin region. In this connection, the possibilities for cooperation in various spheres of the economy and culture were also discussed.
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year.
Retail trade in Bulgaria continued its strong momentum at the end of 2025, standing out among European Union countries as one of the top performers, according to Eurostat data.
Between 2019 and 2023, Bulgaria’s industrial sector has experienced a significant contraction, with roughly 104,557 jobs lost, nearly half of them in the processing industry, amounting to almost 15% of the country’s industrial workforce
The initial drilling effort in the Han Asparuh block (offshore oil and gas exploration area) of the Bulgarian Black Sea, named Vineh-1, did not uncover significant natural gas reserves, according to Offshore-energy
French President Emmanuel Macron’s top diplomat, Emmanuel Bonne, traveled to Moscow on Tuesday to meet with Russian officials, aiming to discuss key issues, with Ukraine at the forefront.
From February 1, 2026, Bulgaria officially completes its transition to the euro, which now serves as the country’s sole legal currency.
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace