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

Bulgaria takes extraordinary measures to support business

Bulgaria's Minister of Finance Vladislav Goranov
Photo: БТА

The Bulgarian cabinet will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state if necessary. The state will temporarily pay 60% of the wages of employees who are at risk of redundancies. We cannot emerge unaffected from the crisis. Some businesses will stop existing. Perhaps, unemployment will rise, this country’s Minister of Finance Vladislav Goranov said. The fisc cannot replace the economy. All business activities are permitted apart from the measures which aim to prevent congestion, Minister Goranov underlined.




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

Angel Kurtelov

Angel Kurtelov, 89 years old, heir of the Miladinov brothers, votes in Ohrid

Election day in the Macedonian capital Skopje was normal, with no queues at polling stations. Around 50 people had voted by midday, and the number was expected to exceed 100 by the time the polls closed. Atanas Velichkov, editor-in-chief of the Tribuna..

published on 10/27/24 11:56 PM
Radostin Vasilev

What is the MECH party?

According to the preliminary results of the parliamentary elections, the MECH party is emerging as a new player in parliament. The acronym MECH stands for "Morality, Unity, Honour". The party was founded in October 2023 by lawyer Radostin Vasilev , a..

published on 10/27/24 11:44 PM

UPDATED: Gallup parallel count: 8 parties secure seats in the 51st Assembly, one on the brink

Data from the parallel count, with 100% of the sample counted, by the polling agency Gallup International Balkan, partner of BNR in the coverage of the vote, show that 8 parties and coalitions enter the 51st National Assembly, one is on the edge of the..

updated on 10/27/24 11:38 PM