Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
About 40% of employers expect to recruit new employees next year, and more than 60% of them plan to increase the salaries of their staff. This shows a survey by the Association of Industrial Capital in Bulgaria (AICB) about the expectations of the private sector for the growth of the economy and the business development in 2019.
Projections remain optimistic, but they are still more conservative than in the previous year, when 45 per cent of employers said they planned to open new jobs. By contrast, the proportion of companies planning to reduce their employees increases. 9 per cent of companies expect such a move in 2019 at 5 per cent last year.
Also, 2% of respondents expect to cut their employees' salaries in the next year compared to 0% over the previous one.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
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