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

Employers’ Association: 60/40 measure stimulates unemployment

Photo: archive

According to an analysis by the Bulgarian Chamber of Commerce and Industry (BCCI) the government’s measures 60/40 and 80/20 in support of businesses should not continue to be applied in the form they are now implemented.

It is unacceptable for people who are working to receive 100% of their salaries, and for people who are not working to also receive 100% of their salaries, BCCI experts say. In their opinion the compensations for those who are unable to work because of the current situation should be reduced, so they may be stimulated to look for work and to make sure there is production in the country. Unless entrepreneurs are stimulated to return to their normal activities despite the difficult conditions due to the epidemic, unemployment in the country will continue to grow, the experts say.

According to the 60/40 or 80/20 measure part of the salaries of the workers who are unable to work because of the coronavirus crisis are covered by the state, and the other part – by the employers. The idea is for companies to be able to retain their staff despite the crisis. 



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

Prosecutor’s office is investigating Romanian citizens for illegal migrant trafficking

The Sofia City Prosecutor’s Office has initiated pre-trial proceedings regarding an organized criminal group for the trafficking of migrants, the prosecutor’s office has announced. Evidence was collected during the investigation regarding 16..

published on 11/25/24 2:51 PM
Chief Inspector Zornitsa Shumanova (L)

Domestic violence figures have been growing steadily

The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the Ministry of Interior announced on International Day for the Elimination of Violence against Women. A..

published on 11/25/24 2:36 PM
Sofia

Use of solid fuels will be banned in 9 Sofia regions

As of next year, use of solid fuels for domestic heating in buildings which are part of central heating and gas supply networks will be banned in nine Sofia regions, Deputy Mayor of Sofia Nadezhda Bobcheva announced at the opening of a round table..

published on 11/25/24 2:11 PM