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’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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