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 between 20.83% and 35.3% over the years. The size of gray economy in Bulgaria is extremely high as compared to other EU countries. Data for 2017 places Bulgaria at the top of 31 European countries in terms of shadow economy.
‘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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