Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The share of shadow economy in Bulgaria’s economy is nearly 20%

CITUB President Plamen Dimitrov
Photo: BGNES

The turnover of Bulgaria’s gray economy amounts between EUR 12 billion and EUR 13 billion per year, data of the Confederation of the Independent Trade Unions in Bulgaria show. The share of shadow economy in this country’s economy is nearly 20%, mainly in trade, agriculture and auto repair activities, the President of CITUB Plamen Dimitrov said. The gray economy kills the competition and the human rights, Plamen Dimitrov pointed out and added that the Confederation of the Independent Trade Unions in Bulgaria has made proposals for legislative amendments aimed at limiting undeclared employment and shadow economy.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Boyko Borissov, 21 February, 2025

GERB: US policy may pose a risk to Bulgaria’s economy

GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..

published on 2/21/25 2:35 PM

Bulgaria should receive its second medical helicopter by the end of February

The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..

published on 2/21/25 1:33 PM

Parliament adopts declaration on non-participation of Bulgarian troops in Ukraine

The MPs from the 51 st National Assembly adopted a declaration on non-participation of Bulgarian troops in military activities on the territory of Ukraine. 166 voted “for”, 27 “against”, 11 abstained. The declaration was supported by all..

published on 2/21/25 1:16 PM