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.
The Bulgarian government will work to restore the image of the country as a reliable economic partner and a promising location for investments and business. This was what Minister of Economy Petar Dilov said at a meeting with Boni..
There is chronic shortage of personnel in the wine sector, producers from Plovdiv say. Fewer young people want to work as technologists. The industry fears that the profession may disappear in the future. Annually, about 250..
President Rumen Radev participated in the opening of a discussion on the future of the judiciary, which is being held in Sofia. The forum is organized by the Bulgarian Institute for Legal Initiatives. In his speech, the President..
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
For the third consecutive year, the Consulate General of the Republic of Bulgaria in New York hosted the annual alumni meeting of the American..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
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