Starting March 31, employers can apply for state compensation to be used for retaining staff, Minister of Social Affairs Denitsa Sacheva has announced. Approval will be awaited for 7 days, after which assistance will be received within 5 more days, Minister Sacheva said. In order to benefit from the aid, companies must prove that they have at least a 20% drop in revenue. If the employer did not fully pay 40% of salaries owed to its employees, they will have to give back the state subsidy of 60% of staff salaries. 213,700 are those unemployed in Bulgaria, and since the beginning of the crisis, 10,000 more have been registered with the labor offices.
The debate on the introduction of the euro and Bulgaria’s membership in the Eurozone is more of a political issue than an economic or social one, Premier Rosen Zhelyazkov said during an event in Blagoevgrad within the National Information Campaign..
The activation of Article 4 of the NATO Treaty does not mean involvement in war, Foreign Minister Georg Georgiev told journalists at a forum in Blagoevgrad. “Consultations are to be scheduled under Article 4 of the NATO Treaty. There are not many..
The President of the European Central Bank (ECB) Christine Lagarde welcomed the governor of the Bulgarian National Bank (BNB) Dimitar Radev as an observer on the Governing Council of the ECB. In a post on social networks, Lagarde has recalled..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Partly cloudy, chance of rain
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder