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.
Daily Mail Online published a letter from former teacher Simon Hill under the title “I’m living the Bulgarian retirement dream”. The retiree and his wife own two properties in Bulgaria. They get better healthcare, enjoy hot summers and ski in the..
Bulgaria and the United States are to expand the scope of their Intergovernmental Agreement for cooperation on the project for the construction of a new unit at the Kozloduy Nuclear Power Plant and the civil nuclear programme. This possibility was..
Caretaker Minister of Foreign Affairs Ivan Kondov is leading the Bulgarian delegation at the 45th session of the Ministerial Conference of La Francophonie, which will be held on October 3 in Paris, the Foreign Ministry announced. The foreign ministers..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell..
On Sunday the weather will be predominantly cloudy, with the clouds scattering temporarily over Western Bulgaria. There will be rain in many parts with..
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly Cloudy
Overcast, rain