Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Shadow economy 24% in Bulgaria, says Social Affairs Minister

Minister of Labour and Social Policy Borislav Gutsanov
Photo: BTA

Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and Social Policy Minister Borislav Gutsanov said in Varna.

He noted that the informal economy in Bulgaria accounts for about 23-24% of the economy, which is worrying. "A quarter of our workforce without employment contracts is outrageous. Those people who do not have employment contracts do not have the rights they need," Gutsanov stressed.

Following his order, massive inspections were launched in the companies, and in three months, almost 30,000 euro worth of documents were issued.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

UK includes Bulgarian criminals in the "Deportation Now" scheme

Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15 countries added to a system called "Deportation Now, Appeal Later", BNR Horizont reported...

published on 8/11/25 6:15 PM

The Holy Trinity church in Madison is hosting its sixth annual Bulgarian festival

The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community to join in the celebration. The event will take place on Sunday, September 28, from 12:00 p.m. to..

published on 8/11/25 4:33 PM

Consumer basket rises by 51 euro cents over the week

The prices of several essential foods increased last week . Items such as pork, yoghurt, cheese, oil, and certain fruits and vegetables—including tomatoes and cucumbers—became more expensive. As a result, the consumer basket rose by 1 lev (0.51 euro),..

published on 8/11/25 4:09 PM