Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria takes extraordinary measures to support business

Bulgaria's Minister of Finance Vladislav Goranov
Photo: БТА

The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily pay 60% of the wages of employees who are at risk of redundancies. We cannot emerge unaffected from the crisis. Some businesses will stop existing. Perhaps, unemployment will rise, this country’s Minister of Finance Vladislav Goranov said. The fisc cannot replace the economy. All business activities are permitted apart from the measures which aim to prevent congestion, Minister Goranov underlined.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Temperatures will drop, snowfall expected in high places

A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...

published on 11/20/24 7:35 PM

56% of Bulgarians want the parliament to elect a cabinet, even at the cost of compromises

56% of Bulgarians prefer the new 51st National Assembly to form a government, even if this is at the cost of compromises, indicate data of a national representative survey conducted by the polling agency "Gallup International" for the "Referendum"..

published on 11/20/24 6:00 PM
Katya Staykova and LI Yue during the signing of the memorandum

Trakia Economic Zone enters into a strategic partnership with a Chinese university

A Memorandum of Cooperation between Cluster Trakia Economic Zone and Shenzhen Polytechnic University (SZPU) was signed in Beijing by Katya Staykova, CEO of Cluster Trakia Economic Zone, and Ms. LI Yue, Vice President of the Chinese higher education..

published on 11/20/24 5:46 PM