As of July 15 Bulgarian employers can start filing applications for state aid to maintain employment under the renewed 60/40 wage support scheme. The measure was extended until September 30, 2020. Compensations will be paid for July, August and September to the tune of 60% of the insurable earnings in May 2020 and 60% of the social security contributions owed by the employer. The companies must prove that their revenues decreased with 20% as compared to the same period in 2019 and must have declared their obligations for 2020. Nearly 300,000 people are expected to keep their jobs due to the extension of this measure. More than 160,000 employees retained their jobs in the previous three months due to the 60/40 wage support scheme. Over EUR 75 million has been paid until now to 20,225 Bulgarian companies under the 60/40 wage support scheme .
On Thursday , the lowest temperatures will be between 16 and 21°C; in Sofia – about 18°C. During the day it will be sunny over most of the country. In the afternoon hours, there will be temporary increases in cloudiness over the..
European Central Bank President Christine Lagarde has welcomed the design of Bulgaria’s €1 coin in a Facebook post, the state news agency BTA reported. “Exciting news for Bulgaria and the euro area! Take a first look at the design of Bulgaria’s €1..
German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian passenger on board planning to “do bad things,” the state news agency BTA reported. The aircraft,..
On Wednesday, minimum temperatures will range from 18 to 23°C , in Sofia – 18°. It will be a sunny and hot day, with a yellow heat warning in place..
The number of companies requesting licenses for weapons-related activities from the Commission for Export Control and Non-Proliferation..
Security services in Bulgaria are conducting searches and seizures at homes and offices in Sofia and other parts of the country. The operations are..
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