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.
Tuesday will be sunny and very hot. Minimum temperatures will be between 17 and 23°C, 17°C in Sofia. Maximum temperatures will be between 37 and 42°C, 37°C in the capital. A red heat warning has been issued for the districts of Blagoevgrad, Ruse,..
At a meeting with President Rumen Radev, We Continue the Change- Democratic Bulgaria (PP-DB) asked the country’s head of state to delay the handing of the second cabinet-forming mandate to allow them to seek broad public support for the proposed..
Specialists in Bulgarian studies from 32 countries across three continents are participating in a three-week seminar on Bulgarian language and culture, which began today at the University of Veliko Tarnovo. According to the BNR’s correspondent in..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In..
Caretaker Premier Dimitar Glavchev and the Director of the General Directorate Fire Safety and Civil Protection, Chief Commissioner Alexander Dzhartov,..
Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on..
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