Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

State-funded wage support schemes keep Bulgaria’s unemployment at 7.9%

Photo: archive

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%




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

Sofia

Use of solid fuels will be banned in 9 Sofia regions

As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..

published on 11/25/24 2:11 PM
Boyko Borissov

GERB says it will only hold negotiations with the participation of party leaders on the formation of a cabinet

“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..

published on 11/25/24 1:05 PM

Homeless people in Ruse to receive a free hot meal

For the 13th consecutive year, homeless people in the town of Ruse will receive a free hot meal during the winter months. The social kitchen of the Bulgarian Red Cross opens its doors again in the biggest Bulgarian city on the Danube River. It has a..

published on 11/25/24 12:02 PM