Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The share of shadow economy in Bulgaria’s economy is nearly 20%

CITUB President Plamen Dimitrov
Photo: BGNES

The turnover of Bulgaria’s gray economy amounts between EUR 12 billion and EUR 13 billion per year, data of the Confederation of the Independent Trade Unions in Bulgaria show. The share of shadow economy in this country’s economy is nearly 20%, mainly in trade, agriculture and auto repair activities, the President of CITUB Plamen Dimitrov said. The gray economy kills the competition and the human rights, Plamen Dimitrov pointed out and added that the Confederation of the Independent Trade Unions in Bulgaria has made proposals for legislative amendments aimed at limiting undeclared employment and shadow economy.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The sunny autumn weather continues across Bulgaria

On Friday, minimum temperatures will range from 2° to 7°C , reaching up to 10°C along the Black Sea coast. In the valleys, temperatures may drop below 0°C, while in Sofia it will be around 2°C. In the morning, fog or low cloud is possible in some lowland..

published on 10/30/25 7:05 PM

Bulgarian national hero Hristo Botev monument reopens in Izmail, Ukraine, amid air raid sirens

In the Ukrainian city of Izmail, the refurbished monument to revolutionary poet Hristo Botev was officially unveiled today , even as air raid sirens sounded across the city, BTA reported. The ceremony, which was held as part of the Day of the..

published on 10/30/25 4:49 PM
Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadzhov

Sofia aims at full OECD membership, vice PM Karadzov says

The government's political goal is for Bulgaria to become a full member of the Organisation for Economic Cooperation and Development by the end of 2026, Deputy Prime Minister Grozdan Karadzhov told representatives of British businesses in Bulgaria...

published on 10/30/25 4:37 PM