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.
In connection with the state of emergency in Israel and the instructions of the Civil Defense, on Thursday, June 19 and Friday, June 20, the Consular Service at the diplomatic mission in Tel Aviv will only process urgent inquiries, mainly related to..
Bulgaria's diplomatic mission in Tehran has been evacuated. The embassy will be temporarily relocated to Baku , the capital of Azerbaijan. Prime Minister Rosen Zhelyazkov announced this to journalists in Sofia. Seventeen Bulgarians, 12 of whom..
According to Eurostat data , in 2024 Bulgaria and Estonia ranked second to last in the EU in terms of actual individual consumption (AIC) per capita . This important indicator of household material well-being is lowest in Hungary, at 72% of the..
Today and tomorrow, Bulgaria's Minister of Agriculture and Food Georgi Tahov will take part in a meeting of the European Union Council on Agriculture and..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest...
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