Bulgaria Grapples with Soaring Corruption Rates: New Report Reveals Shocking Data
Corruption in Bulgaria has soared to its third highest peak in history, according to a recent report by the Center for the Study of Democracy
Widespread corruption in the administration restricts the options of Bulgarian companies. A total of 46% have received a demand for a bribe by bureaucrats, showed a survey of the Bulgarian Chamber of Commerce and Industry (BCCI) presented by the chairman of the employers’ organisation Tsvetan Simeonov.
According to Simeonov, merely 48% of companies have not been asked for a bribe.
“Always, when things depend on the administration, there are excesses and the more the law allows the bureaucrat to say “yes” or “no” without any clear rules, there are grounds for corruption,” commented Simeonov.
Corruption is most widespread in the public procurement sector according to 46% of the surveyed companies. In the opinion of 21% of the surveyed businesses, corruption is greatest in the judicial system.
According to BCCI, the solution is to implement electronic management which will reduce direct contacts and the demands for bribes. Businesses are adamant that they will insist on everything being done electronically, while the administration’s power is limited to checking whether the data is correct.
As of Thursday, there is a section for submitting signals of corruption on the website of BCCI.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022