At an extraordinary online meeting of the National Council for Tripartite Cooperation, the social partners approved the extension of the measure 60/40 from October 1 to December 31, 2020.
The state will continue to pay 60% and employers 40% of salaries in the sectors most affected by the coronavirus crisis. Funding of about 375m euros will be provided by the Unemployment Fund of the state social insurance. The effect of the extension of the measure is expected to be preservation of about 200 thousand jobs.
The funds for maintaining employment will be paid after the respective notification by the European Commission, BNR has reported. This is the second extension of the measure and the social partners have asked for it to be included in the Social Security Code.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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