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.
"I support the allocation of more funds in the field of innovation for defence" - this is how the Bulgarian candidate for the post of European Commissioner for Start-ups, Research and Innovation, Ekaterina Zaharieva, answered a question by Bulgarian MEP..
Vice President Iliana Iotova met with Mayor of Los Angeles Karen Bass. Iotova paid a visit to the American city on the occasion of the opening of the exhibition "Ancient Thrace and the Classical World. Treasures from Bulgaria, Romania..
The Deputy Speaker of the Parliament of North Macedonia, Vesna Bendevska, has reported to the Prosecutor's Office in Bitola that the Bulgarian cultural club "Ivan Mihailov" in the city continues to function, despite its deletion from..
For the first time in recent election history, the end election result leaves a party running in the election outside the National Assembly with a..
The European Parliament has approved the nomination of Bulgarian Ekaterina Zaharieva as European Commissioner. She will be in charge of the 'Start-ups,..
A meeting of the interior ministers of Bulgaria, Romania and Austria in Budapest could lead to a change in Austria's stance on the two countries joining..
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