The Bulgarian job retention scheme, known as "60/40", will be extended in order to continue in June and July. This has been decided at a meeting of the National Council for Tripartite Cooperation. It is envisaged that companies with a 40-percent or higher decline of revenues caused by the pandemic will receive 60% compensation for salaries based on insurance income for April 2021 and in case of a decline of over 30% - the compensation will be 50%. Currently, the requirement for all companies is to prove a drop in revenue of over 20%, reporter Tsvetelina Stoyanova informed.
Bulgaria and 15 other EU countries sent a letter to Kaja Kallas, EU High Representative for Foreign Affairs and Security Policy, calling on her to initiate joint diplomatic efforts aimed at securing global support for a ceasefire in Ukraine, the..
On Thursday, lows will be between 9 and 13°C, reaching 9°C in Sofia. It will be mostly sunny during the day, but the atmosphere will be unstable with the development of cumuliform clouds around noon. Rain is expected, and thunderstorms and hail are also..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it, banks in Bulgaria offer the lowest interest rates in Europe on newly granted loans to households for..
55% of Bulgarians do not feel informed about the introduction of the euro in Bulgaria, while 41% express the opposite opinion, according to a..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
Friday will be mostly sunny. Cumulus clouds will form in the afternoon and in many places there will be short-term, temporarily intense..
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