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

Tax authorities urge influencers and online content creators to pay taxes

In the midst of the campaign to pay taxes for the past 2024, the National Revenue Agency has reminded influencers, bloggers, vloggers and other online content creators, as well as traders on social networks, that they are obliged to declare their income..

published on 1/31/25 6:14 PM

Taxi drivers block access to Sofia Airport Terminal 2

Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new rules for staying at the airport, which came into force on January 9. According to the new rules, one..

updated on 1/31/25 6:11 PM

Contingent from Bulgaria, Austria, Romania and Hungary to guard the Bulgarian-Turkish border

A joint contingent of officers from Bulgaria, Austria, Romania and Hungary will strengthen the security of the Bulgarian-Turkish border from February 3 , the Ministry of Interior announced.  The start of the joint activity will be marked with an..

published on 1/31/25 6:09 PM