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

Bulgarian government giving money to business to retain employees

Photo: BGNES

Starting March 31, employers can apply for state compensation to be used for retaining staff, Minister of Social Affairs Denitsa Sacheva has announced. Approval will be awaited for 7 days, after which assistance will be received within 5 more days, Minister Sacheva said. In order to benefit from the aid, companies must prove that they have at least a 20% drop in revenue. If the employer did not fully pay 40% of salaries owed to its employees, they will have to give back the state subsidy of 60% of staff salaries. 213,700 are those unemployed in Bulgaria, and since the beginning of the crisis, 10,000 more have been registered with the labor offices.




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

Boyko Borissov: PP-DB are in coalition with BSP and Vazrazhdane

''PP-DB are hypocrites. They are in a new coalition with Vazrazhdane and the Bulgarian Socialist Party. They make things much easier for me because there won't be any questions about the Movement for Rights and Freedoms, We Continue the Change,..

published on 4/25/24 11:12 AM
Angel Kunchev

Angel Kunchev: We are at the beginning of a nationwide epidemic of pertussis

Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health Inspector Angel Kunchev said for Nova TV. 70 new cases have been registered on Monday and Tuesday..

published on 4/25/24 9:24 AM
National Assembly Speaker Rosen Zhelyazkov

PP-DB demands the resignation of National Assembly Speaker Rosen Zhelyazkov

We Continue the Change - Democratic Bulgaria (PP-DB) submitted a request to Parliament for the resignation of National Assembly Speaker Rosen Zhelyazkov. The document was also signed by MPs from the parliamentary group of BSP for Bulgaria. ‘’We..

published on 4/25/24 8:28 AM