Bulgaria will apply for a EUR 500 million loan to maintain employment. The money is expected to be allocated this year. Application under the SURE instrument is being studied, mostly to finance the 60/40 wage support scheme. The total budget of SURE instrument is to the tune of EUR 100 billion and EU members can receive funding under this instrument to implement national measures aimed at maintaining employment. The terms of the loan are expected to be extremely favorable. It is impossible to predict whether Bulgaria will have to issue government bonds on the international capital market due the unpredictability of the Covid-19 pandemic and the economic consequences, the Bulgarian Ministry of Finance notes.
The salaries of people employed in the summer tourist season have risen by 20% , according to caretaker Tourism Minister Evtim Miloshev. He told BNR that the shortage of workers in the industry was not only due to poor pay, which he said was not poor at..
The proposal by the Democrats for a Strong Bulgaria for a technocracy has its advantages, but also its problems, which is why it should be discussed carefully, said the leader of the parliamentary group We Continue the Change - Democratic Bulgaria..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that they seek a third exploratory mandate and try to form a technocratic cabinet that would "guarantee the..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that..
Monday will be sunny and hot. In the east there will be light to moderate northeasterly winds. Maximum temperatures will be between 33° and 38°C , in..
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