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

60/40 wage support scheme to continue functioning after October 1

Minister Denitsa Sacheva
Photo: BTA

The 60/40 wage support scheme is to continue functioning after October 1, yet under different conditions, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva told representatives of business and labor unions, reporter Tsvetelina Stoyanova announced.

According to the 60/40 wage support scheme, the state pays 60% of the wages of Bulgarian employees working at companies that have been heavily affected by the Covid-19 pandemic. The rest of the money (40%) is paid by the employer.

Vasil Velev from the Bulgarian Industrial Capital Association insisted that the state authorities adopt a legislation that will be in force during other emergency situations such as the current Covid-19 situation. "I hope that we will not have to adopt anti-crisis measures in support of employment in the last minute during another crisis", Vasil Velev said further.




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

Slight cooling begins on Wednesday, brief showers expected in some areas

A cold atmospheric front will pass through Bulgaria over the next 24 hours . During the night, cumulus and cumulonimbus clouds will develop over the northwestern regions, and on Wednesday over the rest of Northern Bulgaria and in some places in..

published on 7/8/25 6:35 PM
L-R: Luis de Guindos of the ECB, European Commissioner Valdis Dombrovskis, Danish Minister for the Economy Stephanie Løse; Temenuzhka Petkova, the Bulgarian Minister of Finance; and the Eurogroup President Pascal Donohue.

The country will remain a firm supporter of fiscal discipline, the Finance Minister promised

Finance Minister Temenuzhka Petkova said in Brussels, at the official ceremony for signing the final documents marking Bulgaria’s entry into the eurozone and the adoption of the euro on 1 January 2026, that the country will remain a firm supporter of..

published on 7/8/25 5:28 PM

BNB starts minting Bulgarian euro coins

Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..

published on 7/8/25 4:38 PM