The average size of shadow economy in Bulgaria between 1991 and 2015 amounted to 29.17%, a survey of the International Monetary Fund named Shadow Economies Around the World, made in 158 countries, shows. The size of gray economy in Bulgaria fluctuated between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.
It will be clear across the country tonight, with a light easterly breeze in eastern Bulgaria. Expect another hot and sunny day, with temperatures reaching 35–40 °C. Later in the day, a cold atmospheric front will move in from the west,..
A large fire stretching about 10 kilometers is burning east of the town of Karnobat, Burgas district, reported the mayor of Karnobat Municipality Georgi Dimitrov. Due to strong winds, extinguishing the fire is difficult, said BNR’s correspondent..
A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00 pm in Olympic Square, the festival will offer a combination of traditional Rhodope cuisine and..
The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of..
The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military..
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be..
Partly Cloudy
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