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

Donald Trump Jr. to attend business forum in Sofia

The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...

published on 4/24/25 11:36 AM
Photo: Ministry of Regional Development and Public Works

Bulgaria begins preparations for the presidency of the Danube Strategy

On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) .   This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..

published on 4/24/25 9:45 AM

Bulgaria prepares to participate in the Three Seas Initiative Summit

Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..

published on 4/24/25 8:50 AM