According to an analysis by the Bulgarian Chamber of Commerce and Industry (BCCI) the government’s measures 60/40 and 80/20 in support of businesses should not continue to be applied in the form they are now implemented.
It is unacceptable for people who are working to receive 100% of their salaries, and for people who are not working to also receive 100% of their salaries, BCCI experts say. In their opinion the compensations for those who are unable to work because of the current situation should be reduced, so they may be stimulated to look for work and to make sure there is production in the country. Unless entrepreneurs are stimulated to return to their normal activities despite the difficult conditions due to the epidemic, unemployment in the country will continue to grow, the experts say.
According to the 60/40 or 80/20 measure part of the salaries of the workers who are unable to work because of the coronavirus crisis are covered by the state, and the other part – by the employers. The idea is for companies to be able to retain their staff despite the crisis.
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced...
+359 2 9336 661