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.
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and the Department of the Treasury, they shipped aviation components and other items used by Russia to..
The Third National Meeting of Essential Oil Distillers in Bulgaria will be held today at the Inter Expo Center in Sofia. The forum is organized by ''Distilled in Bulgaria'' Association, reported BTA. The sector is facing significant challenges globally...
On October 31, we celebrate the International Black Sea Day. It aims to draw public attention to the problems of the sea and the ways to protect it, to ensure a better future for 16 million people from six countries living along the Black Sea coast...
Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been,..
The caretaker government will not apply to the Constitutional Court for an annulment of the 27 October election for parliament, said caretaker Prime..
On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day..
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