The shortage of staff will lead to a massive raise in wages in the second half of 2021. Almost half of employers plan to raise wages by up to 20 percent, with the highest growth expected in the regions of Sofia, Burgas, Varna and Plovdiv, according to ManpowerGroup study.
37% of respondents say they will raise salaries by 10%, and 12% plan increases by more than 10%. Massive salary hikes are expected in the sectors with the highest demand for staff - such as "Information Technology", "Production", "Trade", "Tourism and Hospitality", "Health and Pharmacy".
Less than 1% of Bulgarian employers plan to reduce monthly wages.
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
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