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.
Red paint was splattered in front of the Russian Embassy in Sofia. A video posted on the Facebook page of "BOEC" shows activists of the civil movement unloading paint buckets from a vehicle and spilling the paint in front of the embassy..
"We came out to defend freedom. We will keep fighting. The protest continues on Wednesday", Vazrazhdane leader Kostadin Kostadinov said an interview with BNR. "The protest continues inside the National Assembly. We will resist until the end", the MP..
Despite the ban by the Sofia Municipality, the Lukov March took place under heightened police presence. Participants in the far-right procession gathered on February 22 at Sveta Nedelya Square. They marched to the house of General Hristo Lukov, where..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
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