Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Trade unions in Bulgaria expect a jump in gray economy due to Covid-19

Photo: Archive

The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP, data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a Covid-19 pandemic, this share is expected to grow, said the leader of the CITUB trade union Plamen Dimitrov on the occasion of the Week of Action in the European Campaign for Declared Labour.

Bulgaria's state budget loses 200m euros a year from undeclared work. Dimitrov noted that it also exists in the light economy. Employees have employment contracts and social security payments, but work extra hours that are not paid by the employer. "Whoever works in the gray sector, cuts his or her own rights," the unions warn, BGNES reports.



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

Iliana Kirilova

Arrested police chief in Petrich accused of leading a criminal group

The chief of police in Petrich and two other police officers, arrested two days ago, are accused of participating in a criminal group. This was announced by Sofia city prosecutor Iliana Kirilova, BTA reported.  According to Kirilova, the detained..

published on 11/6/24 5:36 PM

Dzheyhan Ibryamov released from custody to take oath as MP

The Sofia City Prosecutor's Office has announced the release of Dzheyhan Ibryamov. He will be released from custody tomorrow, November 7, and the investigation against him on charges of influence peddling will be suspended at the moment he takes the..

published on 11/6/24 4:57 PM

Energy Minister learned about sale of Lukoil Neftohim Burgas from the media

Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas . Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant..

published on 11/6/24 3:53 PM