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.
MPs will vote today at 2:30 pm on the second vote of no confidence in the cabinet of Prime Minister Rosen Zhelyazkov. The motion was tabled by the MECH party with the support of Vazrazhdane and Velichie. This time the motivation for the proposed vote..
On Thursday , the lowest temperatures will range from 6°C to 11°C, for Sofia around 10°C. It will be mostly sunny during the day. In the afternoon, there will be temporary increases in cloud cover over the mountainous regions in the western half..
The Council of Ministers has approved and submitted to Parliament for debate amendments to the Criminal Code that increase the penalties for torturing animals and add new, more severe punishments if what is done is filmed for distribution. If..
Together with PM Rosen Zhelyazkov we discussed the EU plan for a new Black Sea strategy which the European Commission will present soon, announced EU..
In an interview with public service TV BNT, Commissioner for Enlargement Marta Kos, who is on a working visit to Bulgaria, stated that Ukraine and the..
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President..
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