Nearly 25% of Bulgaria’s economy is in the gray sector, data of a research of the Center for the Study of Democracy show. The gray sector represents the services which are yielding profit, yet that profit is not officially registered. According to the report, the levels of shadow economy have been decreasing over the past 15 years. The Bulgarian tax offices managed to reduce the share of gray economy. Traditionally, highest shares of shadow economy are registered in agriculture the service sector and construction, where levels of seasonal employment are high and tax inspections are made more difficult.
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional Development and Public Works Ivan Ivanov said in an interview with bTV. According to him, the draft law..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly opened regular Plovdiv–Milan route. Plovdiv Airport now operates 21 flights per week, said the..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money laundering systems, Minister of Justice Georgi Georgiev said in an interview with public service..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional..
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