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

Ivan Vazov National Theatre in Sofia.

Rain and strong winds towards the end of the week

On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..

published on 10/3/24 7:05 PM

Bulgaria faces referral to the ECJ for failing to comply with three procedures

The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..

published on 10/3/24 4:59 PM
On February 1, 2024 the first helicopter of the Helicopter Emergency Medical Service arrived in Bulgaria.

Delivery of two medical helicopters delayed until next year

There is a further delay in the delivery of the next two air ambulances to Bulgaria, the Italian manufacturer has said in a letter to the Ministry of Health. In the letter, the contractor, Leonardo S.p.A., set new deadlines for the arrival of the..

published on 10/3/24 3:30 PM