One-fourth of the Bulgarian companies have introduced flexible working conditions due to Covid-19 pandemic. Another one-fourth of the companies are ready to make these measures permanent after the crisis. 50% of all employees will continue working from home, a survey of Mercer Bulgaria shows.
63% of the employers approve of home office work. Half of the managers are considering strategies for automating work processes. 28% chose work on the basis of a project principle and part time contracts. 67% of the managers contend that the performance of their staff is better and labor productivity is higher when they work from home. 81% of the companies have suspended the recruitment of new staff and 19% of them have made redundancies, investor.bg informs.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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