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 .
In 2024, border guards prevented more than 52 500 migrants from attempting to enter Bulgaria illegally. The Border Police' increased patrols and equipment have led to a 70% drop in migration pressure compared to the same period in 2023. This was..
The EuroHPC Joint Undertaking for European High Performance Computing has selected six new European Artificial Intelligence (AI) factories to strengthen Europe's leadership in innovation and AI. Austria, Bulgaria, France, Germany, Poland and..
With 128 votes in favour, Parliament adopted a statement by National Assembly Speaker Natalia Kiselova calling on the members of the Constitutional Court to make public all documents related to the constitutional dispute over the recent October 2024..
Vazrazhdane party has sent a formal request to President Rumen Radev to call a referendum on keeping the Bulgarian Lev , the party’s leader Kostadin..
A yellow code for strong wind has been issued for 18 regions of Bulgaria on Tuesday . The minimum temperatures will be 4 to 9°C, around 4°C in Sofia...
The Central Election Commission (CEC) must carry out the re-calculation of the election results it has been tasked with by the Constitutional Court...
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