Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Trade unions in Bulgaria expect a jump in gray economy due to Covid-19

Photo: Archive

The gray economy in Bulgaria in 2019 accounted for 21% of the country's GDP, data from the National Statistical Institute reveals. It amounts to 11.5 billion euros. This money is outside the social and health care system. In the conditions of a Covid-19 pandemic, this share is expected to grow, said the leader of the CITUB trade union Plamen Dimitrov on the occasion of the Week of Action in the European Campaign for Declared Labour.

Bulgaria's state budget loses 200m euros a year from undeclared work. Dimitrov noted that it also exists in the light economy. Employees have employment contracts and social security payments, but work extra hours that are not paid by the employer. "Whoever works in the gray sector, cuts his or her own rights," the unions warn, BGNES reports.



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

Almost half of young Bulgarians voted in the European elections

Around 45% of the country's eligible young people voted in the European Parliament elections on 9 June .  The data comes from the Youth Participation in Democratic Life project, in partnership with the Centre for Human Resources Development and the..

published on 7/15/24 4:58 PM

Customs and NRA join forces to fight youth addiction

The National Revenue Agency and the Customs Agency have launched a joint campaign to prevent and combat gambling and drug addiction, the NRA has announced.  The efforts of the two tax authorities to target young people in the joint initiative are..

published on 7/15/24 3:34 PM

The President agrees to PP-DB's request for extraordinary meeting

Bulgarian President Rumen Radev will hold a meeting with members of the parliamentary group "We Continue the Change - Democratic Bulgaria" (PP-DB), the press service of the president announced. The conversation will be at Dondukov 2 at 4:00 p.m., on July..

published on 7/15/24 10:44 AM