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 .
Bulgaria is a factor in the EU and the region that North Macedonia must take into account, Minister of Foreign Affairs Georg Georgiev said in an interview with bTV regarding the report of the European Parliament from which references to “Macedonian..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of the amended trade agreement between the EU and Ukraine, the Bulgarian Ministry of Agriculture..
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 fire, which broke out on Wednesday afternoon, spread rapidly and threatened the town itself,..
With 531 votes in favour, 69 against and 79 abstentions, the European Parliament approved Bulgaria's accession to the eurozone on 1 January 2026...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
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..
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