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 report, the levels of shadow economy have been decreasing over the past 15 years. The Bulgarian tax offices managed to reduce the share of gray economy. Traditionally, highest shares of shadow economy are registered in agriculture the service sector and construction, where levels of seasonal employment are high and tax inspections are made more difficult.
‘A historic moment for Bulgarian Studies in the US!’ With these words, Bulgaria’s Consul General in Chicago, Svetoslav Stankov, announced that the University of Illinois at Urbana-Champaign will officially launch its Bulgarian Studies programme on..
It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some low-lying areas and over the eastern regions. Minimum temperatures will range from 8°C to 13°C ; in..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods. Residents of Druzhba 2 are protesting against planned “ongoing repairs” to the heating system by..
This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been..
On September 21, we observe World Alzheimer's Day. This day has been marked annually since 1994 at the initiative of the Alzheimer's International..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
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