The 60/40 wage support scheme used by the state to pay 60% of the social security contributions and 60% of the salaries will be amended and will continue from July 1 until September 30, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva said. The measure will be also used for hiring unemployed people from the employment offices and will no longer be used as instrument for compensations, but as a subsidy for salaries instead, Minister Sacheva said further. The measure will no longer be bound up with the circumstances during the state of emergency which ended on May 13. The companies will not have to cease activity or put staff to part time work, in order to apply for the wage support scheme. However, Bulgaria needs the European Commission's support before amending the measure.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border...
The Chairman of the Security Services Control Committee, Atanas Atanasov, has summoned its members to a meeting today. A day after..
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