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.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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