The average size of shadow economy in Bulgaria between 1991 and 2015 amounted to 29.17%, a survey of the International Monetary Fund named Shadow Economies Around the World, made in 158 countries, shows. The size of gray economy in Bulgaria fluctuated between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.
The parliament adopted on second reading amendments to the Electronic Communications Networks and Physical Infrastructure Act. The aim is to shorten the terms for issuing documents for construction and putting digital technologies..
The average social security income for the country for February 2025 is 888.63 EUR, the National Social Security Institute (NSSI) has reported. Compared to the previous month, there is a rise of 2.42 EUR. In the period March 1,..
Since the beginning of the year, there has been a trend of decreasing traffic accidents on the territory of Sofia, as well as the number of people killed and injured in them compared to 2024, Commissioner Nikolay Krusharski, Head of..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
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