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.
Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said during a meeting with Bulgarian Vice President Iliana Iotova in Vienna. Austrian businesses have always..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the eurozone , the BNB announced. The meeting was held in Sofia at the invitation of Hungarian..
With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported during the ceremony of presenting the annual awards of the Bulgarian Chamber of Commerce and Industry..
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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