Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria takes extraordinary measures to support business

Bulgaria's Minister of Finance Vladislav Goranov
Photo: БТА

The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily pay 60% of the wages of employees who are at risk of redundancies. We cannot emerge unaffected from the crisis. Some businesses will stop existing. Perhaps, unemployment will rise, this country’s Minister of Finance Vladislav Goranov said. The fisc cannot replace the economy. All business activities are permitted apart from the measures which aim to prevent congestion, Minister Goranov underlined.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Interim minister of the Interior Atanas Ilkov

Bulgaria's full Schengen membership will not open the floodgates to the EU, says Interior Minister

A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would lift its veto and that Bulgaria and Romania would probably become full members of Schengen from the..

published on 11/23/24 11:58 AM

President Rumen Radev meets the Bulgarian community in Singapore

President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..

published on 11/23/24 10:07 AM

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM