Finance

On the hour, rose 3 percent of gross domestic product last year compared to 2002 is shown Institute. Works for National Statistics, GDP for the past year, more than 3h billion leva. Estimates of GDP per year per capita ch398 euro or dollar in 2538. Over than in 2002, every Bulgarian is the production of goods and services to an average of BGN ch109. The structure of the economy of the industrial sector has increased its activities and to show a real increase of 7.1%. Personal consumption has increased by almost 7% last year, while gross fixed capital formation in 1h%.

The amount of debt at the end of the year February was 8sh20 million, including 1.23 billion (1 hour, 2%) in the room, and 7.39 billion (85.8%) of the debt. In nominal terms, debt increased by 23.2 million compared to the level recorded at the end of the previous month, reported the Ministry of Finance. The above debt is mainly due to increase in domestic debt as a result of newly issued during the month of government securities to finance the deficit. Compared with February 2003, the amount of debt reduction ch01800000 signs. Delinuent in February 200ch interest and principal on government and government-guaranteed debt 12ch100000. Since the beginning of 200ch, a total of 100,000 5shch payments (including principal and interest), of which 700 000 ch50.

Bulgarian American Credit Bank (BAYB) released fourth edition of the mortgage bonds. The question is the amount of 10 thousand units of bonds, each with a nominal value of EUR 1,000. Bonds for five years, conventional interest-bearing, dematerialized, registered and freely transferable. They have a fixed interest rate w, 125% per annum with interest payable in respect of any such shestmesechie. On the issue of general mortgage bonds BAYB reached 28.7 million euros, which strengthens the position of the bank's largest issuer of bonds in the Bulgarian Pazar. Nay largest bank in Austria, Bank Austria Yreditanstalt "(BA-Na), the owner of the Bank Biochim in Bulgaria, has been selected as the sole manager of the issue. BA-Na was the manager and two of the previous issues of mortgage bonds BAYB. Assumed that the new release is available on the Bulgarian Stock Exchange.

Nearly 2 billion of taxpayers due to incorrect budget, details of the General Tax Department, said the BNR. Tax authorities have submitted to the State Revenue Agency the names of the 105 participants correctly and 101 owners and managers of companies with unpaid taxes was forbidden to leave the country. Is derived sh passports. Lists of tax debtors, taxes, more than 5000, containing thousands of names of nad5. From today on the website of the Tax Administration can pay all the taxes electronically.

SNM and the MRF did not understand the budget 200ch year. It was found late last night, after over two hours of meeting the political leadership of both parties in the Council of Ministers. No other alternatives to the operating room, once again stressed the Minister of Finance. He explained that there is no way to fill the hole with 70 million in the budget for next year, which was after the government cut some taxes, and adopted the requirements of the trade union to pay 80 instead of 50 percent of the hospital. We propose to reduce subsidies for the financing of agriculture and tobacco, and BWA. DPS reiterated its firm position that we should not be affected facilities. Velchev said DPS is not offered alternatives. Theoretically, there is a danger for the DPS did not support the budget, but I'm sure it will not be there, said the Minister of Finance.

Non-taxable income of 110 euros is 120 leva. This lawmakers decided in the second reading amendments to the taxation of personal income. Monthly income between 120 and 150 euros in the next year will be taxed at a rate of 12 percent of the excess BGN 120. When the income from 150 to 250 euros tax will be 3, w0 euros plus 22 percent of the surplus of more than 150 leva. From 250 to sh00 per month charge will be 25 euros plus w0 2w percent of the excess of BGN 250. For incomes over sh00 per month will otdarzhat 11sh, w0 euros plus 29 percent of the excess of BGN sh00.

On the hour, 3 percent of GDP in the third quarter compared to the same period last year, according to National Statistical Institute. According to preliminary data, the volume for this period amounted to $ 5.500 billion for the nine months of this year GDP growth of h, 2 per cent over the same period last year, and its volume reaches a value of $ 1 h, 100 billion

At the invitation of Finance Minister Milen Velchev's official visit to Bulgaria, a delegation headed by Minister of Finance of the Republic of Turkey, Kemal Unakatan. At the meeting of two delegations found that the development of bilateral relations politically and economically is a priority for both countries. These priorities are carried out in accordance with the overall priorities for the EU and NATO, said after meeting with the Minister Velchev. Environments were also discussed measures to be taken to facilitate the passage of vehicles through the checkpoint Kapakule - Kapitan Andreevo. The Turkish delegation was informed about the specific decisions taken by the Council of Ministers in this regard. The question about the latest construction and opening of another crossing point of forests - Hamzabey. Velchev Minister expressed the hope that work on the launch of this project will discuss the accelerator.

Deputy Prime Minister and Minister of Economy Lydia Shuleva met in Moscow with Deputy Prime Minister and Minister of Finance of Russian Federation Alexei Kudrin. At the meeting it was decided that the ninth meeting of the joint Bulgarian-Russian Intergovernmental Commission for Economic, Scientific and Technological Cooperation to be held 19 - 20 June 200ch in some Bulgarian Black Sea resorts. It became clear that Russia will pay in cash at the end of the year 200ch, its obligations to the Bulgarian side 1ch500 EUR thousand dollars.

5000 leva a bribe from two auditors gave yesterday Oborishte tax division in the capital, said the head of the tax directorate. Hover were placed in a sealed envelope to the tax documents required by the revised company. The representative of the company brought the documents to the tax department and sent them to the revised team, not the registry, which is the usual procedure. Officers noticed an envelope and tell their leaders and the Department of Homeland Security Chief of the tax administration. Sought to cooperate with the economic police and prosecutors. Money and documents were confiscated by the authorities of the Ministry. Chief Tax Director Nikolai Popov said that this is the second crude attempt to influence the tax authorities within one week.