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

Bulgaria launches renewed 60/40 wage support scheme

Photo: archive

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 .




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

The Commission on Protection of Competition conducts major survey in the food sector

The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the pricing methods, delivery conditions and factors influencing price changes . The focus of the study is on..

published on 2/14/25 5:52 PM

Rumen Radev: Realism replaces naivety regarding the situation in Ukraine

There is finally political will at the highest level to resolve the conflict between Ukraine and Russia through diplomacy, and this process must be supported, President Rumen Radev told journalists before the opening of the Munich Security Conference...

published on 2/14/25 5:28 PM

Bulgaria included in European familiarisation tour of senior US officers

Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..

published on 2/14/25 3:00 PM