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.
The celebration of the 139th anniversary of the Unification of the Principality of Bulgaria and Eastern Rumelia ended with a fireworks ceremony in Plovdiv. "Today, we pay tribute to a remarkable generation of enlightening historical..
Friends and music fans will once again honor the memory of the renowned pop and rock singer and composer Georgi Minchev, who passed away 23 years ago. The Rock and Blues Festival ''Flower for Gosho'' will take place today and tomorrow at the..
Jockeys and horses from different Bulgarian regions will compete in horse races near the town of Isperih (Northeastern Bulgaria). There will also be competitions on the old city stadium. Later, there will be a wrestling competition with the..
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
The two wings of the Movement for Rights and Freedoms party, which intend to participate in the early parliamentary elections on October 27 in coalitions,..
For now, we do not envisage and do not propose to the Bulgarian parliament to return the conscription military service, Caretaker Minister of Defense..
+359 2 9336 661