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

Cloudy weather with showers on Monday

Monday will remain mostly cloudy. Rain will still fall in eastern Bulgaria before noon. In the afternoon there will be showers in places in western Bulgaria. Light to moderate winds will blow from the east-northeast.  Minimum temperatures will be..

published on 5/12/24 6:15 PM

Energy Minister does not rule out the possibility that electricity will rise from 1 July

Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year . The reason for this is the accumulated deficit in the "Security of the electricity system" fund. "At..

published on 5/12/24 3:21 PM

Civilians in Bulgaria can undergo military training

The Strategic Defence Review will recommend a study on the possibility for civilians to receive military training, interim Defence Minister Atanas Zapryanov said.  The latest defence report recommends urgent legislative measures to create conditions..

published on 5/12/24 3:15 PM