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.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
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