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

Bulgaria launches renewed 60/40 wage support scheme

Photo: archive

As of July 15 Bulgarian employers can start filing applications for state aid to maintain employment under the renewed 60/40 wage support scheme. The measure was extended until September 30, 2020. Compensations will be paid for July, August and September to the tune of 60% of the insurable earnings in May 2020 and 60% of the social security contributions owed by the employer. The companies must prove that their revenues decreased with 20% as compared to the same period in 2019 and must have declared their obligations for 2020. Nearly 300,000 people are expected to keep their jobs due to the extension of this measure. More than 160,000 employees retained their jobs in the previous three months due to the 60/40 wage support scheme. Over EUR 75 million has been paid until now to 20,225 Bulgarian companies under the 60/40 wage support scheme .




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

Traditional swim of Danube at Silistra to be held on August 10

The traditional swim across the Danube River near Silistra will take place at 9:00 am on August 10. Those wishing to participate can register just before the start but must undergo a medical examination and instructions . Dozens of swimmers take part..

published on 8/6/24 2:37 PM

Stage Central Halls hosts children's art workshop "Underwater world: watch, learn and create''

Educational, creative and entertaining events await the youngest guests at Stage Central Halls in Sofia. Between 2:00 pm and 5:00 pm on August 7, children will have the opportunity to attend a Children's Coppersmith Workshop (suitable for children..

published on 8/6/24 2:27 PM
Dimitar Glavchev

Dimitar Glavchev says he is ready to be caretaker PM again but not foreign minister

Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this position. President of Bulgarian Parliament Raya Nazaryan refuses to be caretaker PM “I..

published on 8/6/24 9:43 AM