`Bulgaria’s gray economy is centered in marketplaces and customs offices,` Evgeny Daynov from the Center for Social Practices said in Varna. `Goods worth USD 2.5 M are daily smuggled into the country,` Daynov pointed out, quoting customs sources. The survey of the Center for Social Practices will be presented to the government. It analyses the existing gray economy at some of the Bulgarian largest market places in Sofia, Dimitrovgrad, Veliko Turnovo and Varna. According to the survey the cash registers are just a cosmetic measure. Traders continue to use fake invoices and deal in second-hand cars, drugs and prostitutes. The fact that many goods can be found at much lower prices in the street than in the shops is evidence that the markets are centers of the gray economy. The traders claim that they will go bankrupt should the legislative rules be observed. The center’s survey confirms the World Bank’s conclusion that Bulgaria ranks second after Romania as far as the influence of the gray economy in these countries is concerned.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!