As of July 15 Bulgarian employers can start filing applications for state aid to maintain employment under the renewed 60/40 wage support scheme. The measure was extended until September 30, 2020. Compensations will be paid for July, August and September to the tune of 60% of the insurable earnings in May 2020 and 60% of the social security contributions owed by the employer. The companies must prove that their revenues decreased with 20% as compared to the same period in 2019 and must have declared their obligations for 2020. Nearly 300,000 people are expected to keep their jobs due to the extension of this measure. More than 160,000 employees retained their jobs in the previous three months due to the 60/40 wage support scheme. Over EUR 75 million has been paid until now to 20,225 Bulgarian companies under the 60/40 wage support scheme .
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian levs and euro. This was what Deputy Minister of Economy Nikolay Pavlov said in an interview with the..
The main threats to Bulgaria's national security are Russia and the instability of the Western Balkans, according to the annual report of the State Agency for National Security (SANS) for 2024. In Bulgaria, two Russian..
For two decades Bulgaria has known what it is striving for, Prime Minister Rosen Zhelyazkov said after a meeting with President of the European Council António Costa, who arrived on a three-day visit to Bulgaria. Zhelyazkov pointed..
Young Catholics from all over the country met at the Saint Francis of Assisi church in the village of Belozem, Rakovski municipality, to join, online,..
During the night there will be rain in many parts. In Eastern Bulgaria and in the Northwest the rain will be temporarily intensive, and there will be..
The Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov has arrived in the Vatican where they will attend Pope Francis’ funeral services ...
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