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

Businesses unwilling to take state aid

Photo: BGNES

Only 8% of Bulgarian companies, mostly small ones, will receive state aid for wages under the 60:40 scheme. The remaining 92% will either cut staff, reduce salaries, and put employees on paid and unpaid leave, a study by the Bulgarian Industrial Association shows. Some businesses resort to laying off personnel because there is no forecast as to when the extraordinary circumstances will end.

33% of companies plan partial redundancies. 5% plan to lay off their entire workforce. Reducing wages is a temporary measure for 1/10 of companies. 40% of employers send their employees on leave.



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

President Rumen Radev meets the Bulgarian community in Singapore

President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..

published on 11/23/24 10:07 AM

Sunny yet cold weather expected on Saturday

The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...

published on 11/22/24 7:35 PM

Greece reinforces police at Promakhon checkpoint on border with Bulgaria to speed up border crossing

Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...

published on 11/22/24 6:09 PM