Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian government giving money to business to retain employees

Photo: BGNES

Starting March 31, employers can apply for state compensation to be used for retaining staff, Minister of Social Affairs Denitsa Sacheva has announced. Approval will be awaited for 7 days, after which assistance will be received within 5 more days, Minister Sacheva said. In order to benefit from the aid, companies must prove that they have at least a 20% drop in revenue. If the employer did not fully pay 40% of salaries owed to its employees, they will have to give back the state subsidy of 60% of staff salaries. 213,700 are those unemployed in Bulgaria, and since the beginning of the crisis, 10,000 more have been registered with the labor offices.




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

Cooler weather expected on Sunday

On Sunday, cloudiness will remain significant over most of the country, but only isolated places in the south-eastern regions will still see rain by midday. Cloudiness over Western Bulgaria will break and decrease to negligible. Weak to moderate wind..

published on 8/31/24 6:45 PM

Iliana Iotova: With this way of settling relations, we should have parted ways in the early 90s

Vice President Iliana Iotova expects a restless start to the election campaign . In front of journalists in the Karandila area, where she is a guest of the National Assembly of the Karakachans in Bulgaria, she expressed hope that next week "normal..

published on 8/31/24 2:35 PM

Eurostat: 44% of Bulgarians cannot afford a week's holiday away from home

Bulgaria takes second place after Romania among the countries in the European Union according to the Eurostat factor "Inability of people to afford a one-week annual holiday away from home" . The data show significant inequalities and imbalances in the..

published on 8/31/24 1:35 PM