Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Industrial Association: For more than 80% of enterprises the 60/40 measure does not work

Photo: BGNES

A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.

In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered. 



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

Sofia prepares to host the 66th General Assembly of PABSEC

I expect that in Sofia, the parliamentarians from the member states of the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) will make forward-looking decisions that will support cooperation and the development of the countries in the..

published on 11/21/25 6:33 PM

Bulgaria invests 115 million euros in secure satellite communications infrastructure

In 2026, the Ministry of Innovation and Growth will invest nearly 115 million euros in national infrastructure for secure satellite communications and in joint projects between business and academia. The funds will be distributed in..

published on 11/21/25 4:18 PM

European Public Prosecutor's Office investigates fraud with agricultural subsidies in Bulgaria

As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and seizures this week on suspicion of fraud with EU subsidies for agriculture, BTA has reported,..

published on 11/21/25 3:43 PM