Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Industrial Association: For more than 80% of enterprises the 60/40 measure does not work

Photo: BGNES

A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.

In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered. 



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

Israel investigates the death of the Bulgarian UN worker in Gaza

Bulgaria’s Minister of Foreign Affairs Georg Georgiev had a phone conversation with his Israeli counterpart Gideon Sa'ar. Israel’s Foreign Minister Gideon Sa'ar expressed condolences to the family of the Bulgarian who died in Gaza . Gideon Sa'ar..

published on 3/20/25 8:36 AM

Trade unions organize protest for decent wages in public sector

One of the two major trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria (CITUB), is organizing a protest under the motto "We want a visible increase in wages with Budget 2025. .   Trade unions: Additional..

published on 3/20/25 6:05 AM

The Netherlands, Italy and Spain are leading destinations for Bulgarian prospective students

Currently, the Netherlands remains the leading destination for Bulgarian prospective university students, followed by Italy, Spain, Austria and Belgium, reported the consultants from ''Integral'', which is the organizer of the World Education Forum. They..

published on 3/20/25 6:05 AM