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 could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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