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

One-third of employers plan to cut stuff due to coronavirus crisis

Photo: archive

No more than 8% of Bulgarian employers would benefit from the measure in support of businesses for the period of the COVID-19 crisis, providing for the payment of salaries in the ratio of 60/40, respectively by the state and the entrepreneur. 44% of these businesses have a staff of up to 10 people. This is indicated by a quick online survey conducted in the period March 31 - April 1, 2020 by the Bulgarian Industrial Association. 

33% of the surveyed employers plan to partially cut staff due to the economic crisis caused by COVID-19, 21% of employers plan to put all their staff on leave, and 10% - to temporarily reduce wages. According to data made public by Minister of Labour and Social Policy Denitsa Sacheva, an average of almost 2,500 people are left out of a job every day since the start of the pandemic in Bulgaria. 




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

More than 250 types of wine participate in the Avgustiada Wine and Cultural Heritage Festival

More than 250 types of wine participate in this year's 12th Festival of Wine and Cultural Heritage Avgustiada in Stara Zagora. It opens tonight at 5:30 p.m. with a parade of the contenders for Queen Avgustiada, folklore groups and the..

published on 9/27/24 2:13 PM

For the first time since 1985 the demographic decline in Bulgaria has practically stopped

For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just 2,229 people, indicate data from the demographic development strategy for last year. At the end of..

published on 9/27/24 11:29 AM
Rumen Radev, briefing for Bulgarian media, New York, 26 September, 2024

President Rumen Radev meets with representatives of business companies in US

Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..

published on 9/27/24 10:40 AM