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

60/40 wage support scheme to continue functioning after October 1

Minister Denitsa Sacheva
Photo: BTA

The 60/40 wage support scheme is to continue functioning after October 1, yet under different conditions, Bulgaria’s Minister of Labor and Social Policy Denitsa Sacheva told representatives of business and labor unions, reporter Tsvetelina Stoyanova announced.

According to the 60/40 wage support scheme, the state pays 60% of the wages of Bulgarian employees working at companies that have been heavily affected by the Covid-19 pandemic. The rest of the money (40%) is paid by the employer.

Vasil Velev from the Bulgarian Industrial Capital Association insisted that the state authorities adopt a legislation that will be in force during other emergency situations such as the current Covid-19 situation. "I hope that we will not have to adopt anti-crisis measures in support of employment in the last minute during another crisis", Vasil Velev said further.




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

New season of archaeological works starts at Perperikon

The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at the site for nearly 25 years, says that the campaign is held under the title "Will Roman statues..

published on 7/11/24 8:10 AM

Warning for dangerous heat in the entire country

Thursday will be sunny and hot. There will be more clouds in the afternoon, but short rainfalls are expected in few places. The lowest temperatures will be between 17 and 25°C; in Sofia about 18°C. The highest will be between 34 and..

published on 7/10/24 6:45 PM

The number of health care specialists has decreased by 40% in 15 years

The number of healthcare specialists in Bulgarian hospitals is drastically decreasing. According to data presented during the National Meeting of Nurses on July 10 in Sofia, the number of healthcare professionals in Bulgarian hospitals has decreased..

published on 7/10/24 6:07 PM