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 cabinet headed by Rosen Zhelyazkov survived the second vote of no confidence. It was submitted by the MECH party, with the support of "Vazrazhdane" and "Velichie" parties due to its failure to deal with corruption. MECH files vote of no..
In July, it will become completely clear whether Bulgaria will join the eurozone on January 1, 2026. This was stated in an interview with the Bulgarian National Radio by Deputy Minister of Finance Metodi Metodiev. The two reports on the assessment..
Bulgaria does not impose additional conditions on the process and negotiations of the Republic of North Macedonia with the EU, said Vice President Iliana Iotova at the opening of the “EU meets the Balkans” forum in Sofia. The forum is atte nded..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern..
Partly Cloudy