Proposed Price Adjustments: Heating Costs in Sofia May See Significant Reduction
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
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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"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June
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