The gray economy sector in Bulgaria shrunk to 28% in 2016, according to data from the annual survey of the Association of Industrial Capital. This way Bulgaria is leaving the group of countries with the largest share of gray sector and the trend has been sustainable, chairman of the organization, Vasil Velev, said.
According to him, data are expected to be confirmed by international studies. When we started to deal with this problem, the share of gray economy in our country was estimated to be over 40 percent.
The most serious problems with the gray sector of our economy are seen in construction, tourism, services and retail sales.
Over 70% of Bulgarians are categorically against sending a military contingent to Ukraine. This was stated by Dimitar Ganev from the sociological agency “Trend” in an interview for the Bulgarian National Radio. President Radev opposes sending..
Nowhere and in no way has anyone discussed the issue of sending troops to Ukraine to participate in hostilities between Russia and Ukraine, Bulgaria’s Minister of Foreign Affairs Georg Georgiev told MPs in parliament. Foreign Minister Georgiev..
On February 19th, the day when Bulgarians worldwide commemorate 152 years since the passing of the Apostle of Freedom, Vasil Levski, Bulgaria’s National Liberation Day, March 3rd, received special recognition in Beverly Hills. Mayor Lester Friedman..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
The Ministry of Foreign Affairs recommends that Bulgarian citizens traveling or residing in Canada keep themelselves well-informed about the current..
Partly Cloudy
Clear
Mostly Cloudy