Grey economy accounts for 1/5 of Bulgaria's GDP, according to a study by the Bulgarian Industrial Capital Association and the National Centre "Economy in the Clear". Still, since 2010, the share of the regulated economy has increased by 15%, from..
According to conservative estimates of the National Revenue Agency, Bulgaria loses over EUR 250 million per year from unpaid taxes, this country’s Minister of Finance Vladislav Goranov said. Minister Goranov promised that the authorities will use all..
At an award ceremony “Business to the rules” for 2017, PM Boyko Borissov stated that he expected the grey economy in Bulgaria to shrink by another 10 percent this year, and the level of cigarette smuggling to drop. The Bulgarian prime..
