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

Businesses unwilling to take state aid

Photo: BGNES

Only 8% of Bulgarian companies, mostly small ones, will receive state aid for wages under the 60:40 scheme. The remaining 92% will either cut staff, reduce salaries, and put employees on paid and unpaid leave, a study by the Bulgarian Industrial Association shows. Some businesses resort to laying off personnel because there is no forecast as to when the extraordinary circumstances will end.

33% of companies plan partial redundancies. 5% plan to lay off their entire workforce. Reducing wages is a temporary measure for 1/10 of companies. 40% of employers send their employees on leave.



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

Caretaker PM Dimitar Glavchev

Caretaker PM presents Bulgaria at Ukraine Peace Summit in Switzerland

Bulgaria's Caretaker Prime Minister Dimitar Glavchev will participate in the First Ukraine Peace Summit on 15-16 June in the Swiss resort of Bürgenstock near Lucerne. The forum, organised by Switzerland and Ukraine, is expected to set a..

published on 6/15/24 9:46 AM

Zlatograd hosts the 8th edition of the Sugar Assembly "My Bulgaria"

On June 15 and 16 the town of Zlatograd hosts the 8th edition of the Sugar Assembly "My Bulgaria". There will be a national meeting of Bulgarian confectioners and decorators. An exhibition entitled "Art from Sugar: Zlatograd Sugar Etudes" will..

published on 6/15/24 6:05 AM

Clouds clear and rain stops

By midnight, the rain will stop, the clouds will break and in the morning the sky will be mostly clear across the country. The moderate northwesterly wind will decrease. On Saturday 15 June, the weather will be mostly sunny . In the morning hours,..

published on 6/14/24 7:05 PM