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.
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual..
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