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

Inflatable boats used to transport migrants across the English Channel seized at border with Turkey

Eight inflatable boats used to transport migrants illegally from the EU to the UK across the English Channel have been confiscated at the Lesovo border checkpoint on the border with Turkey. They were declared to customs authorities as..

published on 1/21/25 2:29 PM

Train crash exposes serious problems in Bulgarian railways

There are 1,300 vacancies in the National Railway Infrastructure Company, or about 10% of the jobs - mainly for mechanics, traffic controllers, and switchmen. This was what the chair of the Union of Railway Workers in Bulgaria, Petar..

published on 1/21/25 1:52 PM
Kostadin Angelov

The names of new deputy ministers and regional governors are not known yet

Prof. Kostadin Angelov has been elected as the first rotating chair of the Council for Joint Government Management. The first meeting was attended by Minister of Finance Temenuzhka Petkova and Deputy Prime Minister Tomislav Donchev as..

published on 1/21/25 1:27 PM