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%
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime..
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