The National Council for Tripartite Cooperation extended the validity of the 60/40 anti-crisis measure until 31 March. The measure is applicable to workers and employees who, in the period from 13 March until 31 December 2020, worked part-time, were furloughed, or had to take unpaid leave due to the temporary restrictions introduced.
The state support remains 60% of the insurable earnings and 60% of the social security contributions for which the employer is liable. The compensation under the “Retain me” measure is to go up as of 1 January. During involuntary downtime of up to 60 days, instead of 12 euro per day, the compensation will constitute 75% of the worker’s insurable earnings, BTA reports.
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Overcast, rain