The turnover of Bulgaria’s gray economy amounts between EUR 12 billion and EUR 13 billion per year, data of the Confederation of the Independent Trade Unions in Bulgaria show. The share of shadow economy in this country’s economy is nearly 20%, mainly in trade, agriculture and auto repair activities, the President of CITUB Plamen Dimitrov said. The gray economy kills the competition and the human rights, Plamen Dimitrov pointed out and added that the Confederation of the Independent Trade Unions in Bulgaria has made proposals for legislative amendments aimed at limiting undeclared employment and shadow economy.
The Bulgarian National Bank (BNB) will maintain its conservative monetary policy, central bank governor Dimitar Radev told Politico. I lead one of the more conservative central banks and we have no intention of changing this course, Radev was quoted as..
Between 50,000 and 70,000 foreign workers may be included in the Bulgarian labor market by the end of the year , according to estimates by the Ministry of Labor and Social Policy. This was announced by Minister Borislav Gutsanov before the relevant..
The transition and accession of Ukraine and Moldova to the EU are important because the largest Bulgarian national minority is located there, said Bulgarian Prime Minister Rosen Zhelyazkov in Odessa. He participated in the fourth Ukraine-Southeast..
Only 6% of Bulgarians lead a healthy lifestyle, according to a sociological survey conducted by the Research Center Trend, commissioned by the Health..
Bulgarian mother Mika Koleva and her children were forced to leave Northern Ireland after her home in Ballymena, County Antrim, was attacked by..
Bulgaria's Road Infrastructure Agency has announced that environmental activists have withdrawn their complaints and terminated the cases related to the..
Mostly Cloudy
Clear
Partly Cloudy
Partly cloudy, chance of rain