Between March 13 and June 30, nearly 180,000 people have kept their jobs in more than 25,000 companies due to the initial version of the 60/40 wage support scheme. Between July 15 and August 27 a total of 3,776 applications for compensations of 119,754 employees were submitted, this country’s Ministry of Labor and Social Policy announced.
Nearly EUR 164 million was paid in compensations until now. Another 300,000 job positions will be kept until the end of 2020. EUR 250 million was allocated for this purpose. Unemployment levels would have soared to 14% if the abovementioned measured were not adopted, the Social Ministry contends, quoted by BTA. Now, Bulgaria’s unemployment stands at 7.9%
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...
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..
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..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population,..
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated..
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