No more than 8% of Bulgarian employers would benefit from the measure in support of businesses for the period of the COVID-19 crisis, providing for the payment of salaries in the ratio of 60/40, respectively by the state and the entrepreneur. 44% of these businesses have a staff of up to 10 people. This is indicated by a quick online survey conducted in the period March 31 - April 1, 2020 by the Bulgarian Industrial Association.
33% of the surveyed employers plan to partially cut staff due to the economic crisis caused by COVID-19, 21% of employers plan to put all their staff on leave, and 10% - to temporarily reduce wages. According to data made public by Minister of Labour and Social Policy Denitsa Sacheva, an average of almost 2,500 people are left out of a job every day since the start of the pandemic in Bulgaria.
Supporters of the parliamentary represented Vazrazhdane party gathered in front of the National Assembly, declaring their support for preserving the Bulgarian lev and for holding a referendum on the euro, BTA reports. With shouts..
“Our ambition is for Bulgaria not to be just an exporter of electricity, but for this energy to create added value here.” This was what Minister of Energy Zhecho Stankov said at the discussion “Bulgaria – a regional hub for..
The European Commission and the European Central Bank are expected to publish their convergence reports on Bulgaria’s readiness to adopt the euro on 4 June. If the reports are positive, Bulgaria will be able to adopt the euro on 1 January 2026...
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises..
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