Bulgaria Grey Economy Reaches 40%, Survey Shows

balkan insight
11 May 2011 / 14:35

The gray economy in Bulgaria made up 40 per cent of the business sector in 2010 and keeps growing, a poll by the Association of Industrial Capital, AIC, shows.
Novinite (Sofia News Agency)

AIC presented on Tuesday the results of a nation-wide poll of 3,500 employed people, aged 15 to 85.
Employees say this share is nearly 48 per cent, while the average Bulgarian puts the figure at 58 per cent....more...

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