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.
Bulgaria's Prime Minister Rosen Zhelyazkov congratulated the German conservatives from the CDU/CSU and their leader Friedrich Merz on the social network X for the "impressive election victory". The Prime Minister points out that after the elections..
The most prestigious local government forum in the Balkans, B40, will take place in Sofia between February 24 and 25. The theme of the meeting in Sofia is "The Future of the Balkans: Innovation, Cooperation, Green Transition and Growth" and the..
On Monday, the lowest temperatures will range from minus 15°C to minus 10°C, higher in Western Bulgaria, for Sofia around minus 4°C. In the morning, there will be fog near the rivers. It will be mostly sunny during the day. Maximum temperatures will..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
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..
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