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 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..
Writers and choreographers from Bulgaria, Venezuela, Lithuania, Turkiye and France will participate in the third edition of the international interdisciplinary festival Leap Off Page, which takes place from today until October 6 in Ruse, the..
“Step Out of the Bubble” is the motto of Sofia DocuMental—the first international festival for creative non-fiction film with a focus on human rights. The festival will officially open today in Sofia and will continue until October 6. The..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said...
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
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