As of July 15 Bulgarian employers can start filing applications for state aid to maintain employment under the renewed 60/40 wage support scheme. The measure was extended until September 30, 2020. Compensations will be paid for July, August and September to the tune of 60% of the insurable earnings in May 2020 and 60% of the social security contributions owed by the employer. The companies must prove that their revenues decreased with 20% as compared to the same period in 2019 and must have declared their obligations for 2020. Nearly 300,000 people are expected to keep their jobs due to the extension of this measure. More than 160,000 employees retained their jobs in the previous three months due to the 60/40 wage support scheme. Over EUR 75 million has been paid until now to 20,225 Bulgarian companies under the 60/40 wage support scheme .
For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a survey conducted among 224 Bulgarian students who graduated the Sofia Medical University’s medical..
GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..
The second medical service helicopter purchased by Bulgaria has undergone flight tests in the presence of a Bulgarian commission visiting the base of the manufacturer Leonardo S.p.A . in Vergiate, Italy. The team is to carry out the so-called..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at..
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