As of July 15 Bulgarian employers can start filing applications for state aid to maintain employment under the renewed 60/40 wage support scheme. The measure was extended until September 30, 2020. Compensations will be paid for July, August and September to the tune of 60% of the insurable earnings in May 2020 and 60% of the social security contributions owed by the employer. The companies must prove that their revenues decreased with 20% as compared to the same period in 2019 and must have declared their obligations for 2020. Nearly 300,000 people are expected to keep their jobs due to the extension of this measure. More than 160,000 employees retained their jobs in the previous three months due to the 60/40 wage support scheme. Over EUR 75 million has been paid until now to 20,225 Bulgarian companies under the 60/40 wage support scheme .
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
Physicist Acad. Ivan Todorov passed away at the age of 91, the press center of the Bulgarian Academy of Sciences announced. Acad. Todorov was a scientist with outstanding achievements and world recognition in the field of modern..
Sofia Airport operates normally in winter conditions, BTA has reported. The runways for take off and landing have been cleaned. The aircraft are being treated against icing. Passengers are advised to arrive at the terminals at..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
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