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Deadline for applying for state support to keep employment extended

The deadline for employers until which they can apply for compensation for maintaining employment and their employees has been extended until June 30, the Tripartite Council for Social Cooperation has decided. The state aid known as the 60/40 scheme..

21.05.20 18:09 |
Social Minister Denitsa Sacheva

Measures for subsidizing jobs will continue after July 1

Unemployment at the beginning of the crisis was growing rapidly as there were  9,000 newly registered unemployed persons on a single day. Now, as a result of the measures, the growth of the registered unemployed citizens in Bulgaria keeps its levels...

15.05.20 16:52 |

15 percent of restaurants, cafes in Bulgaria have gone bankrupt amid Covid-19 crisis

Bulgaria's restaurant owners demand that in the 60/40 state support for businesses the criterion of no budgetary obligations should be removed. Thus, the scheme would be more applicable to small businesses. Currently, less than 10% of firms in the..

16.04.20 11:25 |

European Commission approves Bulgaria’s scheme aimed to support employment

The European Commission has approved the scheme of the Bulgarian government aimed to support employment to the tune of EUR 770 million. The subsidy aims to preserve employment in sectors which are most affected by the social isolation measures..

15.04.20 11:45 |
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