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

Bulgaria launches renewed 60/40 wage support scheme

Photo: archive

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 .




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

Temperatures will rise at the end of the week

On Saturday, minimum temperatures will range from 13 to 19 °C . In Sofia, it will be 15 °C. Sunny weather will prevail with temporary cloud cover increasing in the afternoon. Maximum temperatures will rise to between 28 and 33 °C. In the capital, it will..

published on 7/11/25 7:25 PM

Robotic surgery factory opens in Parvomay

A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay , Plovdiv Province, as part of its planned expansion in Europe, BNR Plovdiv reports. The American..

published on 7/11/25 4:52 PM

President requests inquiry into missed benefits in Botas contract

'It is blatantly untrue that the contract with the Turkish state-owned company Botas is not being put into use." President Rumen Radev stated this to journalists at the Krumovo Air Base. The terminal in Alexandroupolis has not been operational..

published on 7/11/25 3:51 PM