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Vine growers demand bigger state subsidies

The state must find a way to subsidize the vine growers. Otherwise, they are facing bankruptcies. Protests are also possible, the President of the National Vine and Wine Chamber Yordan Chorbadzhiyski said in the village of Elenovo, the Municipality of..

14.02.22 17:18 |

Gray economy in Bulgaria is brightening up, but still not enough

The Association of Industrial Capital in Bulgaria (BICA) has presented a National Map of undeclared employment prepared by it. It is the undeclared employment that is the most common gray practice that is found on the labour market in Bulgaria...

22.02.21 16:56 |

Employers present their expectations for 2021

Bulgaria's accession to the Organization for Economic Cooperation and Development, the Schengen area and the Eurozone is a priority of the Association of Bulgarian Employers' Organizations for 2021. At a general press conference, the..

25.01.21 16:38 |

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

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..

23.09.20 17:12 |

IMF reports high levels of shadow economy in Bulgaria

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..

07.02.18 11:42 |

Bulgarian Industrial Association warns about increase of gray economy

Bulgaria’s gray economy increased sharply in volume and currently exceeds EUR 11.7 billion, the Chairman of the Bulgarian Industrial Association Bozhidar Danev announced. Bozhidar Danev specified that the analyses of BIA are based on estimates of the..

28.09.17 13:43 |

25% of Bulgaria’s economy is in the gray sector

Nearly 25% of Bulgaria’s economy is in the gray sector, data of a research of the Center for the Study of Democracy show. The gray sector represents the services which are yielding profit, yet that profit is not officially registered. According to the..

02.09.16 15:04 |
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