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 will not be forced to shut down its coal-fired power stations or coal-powered district heating systems during the winter. Energy Minister Zhecho Stankov made this statement ahead of the opening of the RE-Source Southeast 2025 forum, held at..
The Confederation of Labor "Podkrepa" has strongly opposed the proposed measures for a more favorable regime for hiring staff from non-EU countries. "The government is proposing a measure to ease labor migration quotas, suggesting that up to..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are widely used in the pharmaceutical, cosmetic and food industries. Active trade covers more than 20..
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,..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
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