Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Industrial Association: For more than 80% of enterprises the 60/40 measure does not work

Photo: BGNES

A survey by the Bulgarian Industrial Association (BIA) among 580 enterprises in the sphere of services and trade shows that more than 80% of them say that the 60/40 anti-crisis measure (sharing the cost of staff salaries between the state and employers) is inefficient, Dimiter Brankov, BIA Vice President said for the Bulgarian National Radio. 70% of the respondents have cut staff, 15% have reduced salaries. More than 63% of enterprises are expecting to recover within the space of one year.

In an interview for bTV economist Rumen Galabinov stated that to get back on their feet, businesses need compensatory measures such as gratuitous and unconditional aid. Gratuitous – because many of the proposals by the state are for credits, and unconditional – because not all people can qualify for the aid offered. 



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

Minister of Innovation and Growth Tomislav Donchev

There will be no money from the EU under the National Recovery and Resilience Plan

The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..

published on 2/26/25 1:40 PM

Bulgaria's rating among the free countries in the world is deteriorating: Freedom House

The situation with freedom in the world is deteriorating, and authoritarianism is increasing, according to the annual ranking of the non-governmental organization "Freedom House" , which monitors the state of democracy around the world. The countries..

published on 2/26/25 12:23 PM

Ukrainians in Plovdiv region have 6 points for re-registration as temporarily displaced persons

Ukrainian citizens living in the region of Plovdiv will be able to renew their documents for temporary protection in Bulgaria at six points in Plovdiv, the Plovdiv Regional Police Directorate announced. The Bulgarian government has extended the..

published on 2/26/25 12:08 PM