European Commissioner Warns of Looming Labor Shortage, Calls for Increased Migration
European Commissioner for Internal Affairs, Ylva Johansson, has highlighted the pressing need for increased labor migration in the European Union
Bulgaria is ranked first in the European Union in terms of the size of its shadow, or gray, economy as a percentage of its GDP, according to a Communication from the European Commission to the EU Council and the European Parliament.
Thus, Bulgaria's gray economy is estimated to be 32.3% of its GDP. Any other EU member state, including the close second and third, Romania and Lithuania, have their shadow economies at below 30% of the GDP, according to EC data.
Only Austria, Luxembourg, and the Netherlands have shadow economies of below 10% of the GDP, the data indicates.
The gray economy percentage of the GDP for the entire EU is 19%, which makes about EUR 2 T annually.
"Tax evasion is not a problem that any member state can tackle alone. Fraud and evasion are pervasive, and they thrive on national mismatches and insular thinking," stated EU Commissioner for taxation, customs union, anti-fraud, audit, and statistics Algirdas Semeta in Brussels on Wednesday.
"Therefore, using our strength as a Union is the best weapon that we have to fight these activities and to reclaim enormous sums of public money for honest EU citizens. For this, there must be more trust, more solidarity and more coordination at EU level," he added.
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Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022