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

Travelling exhibition highlights endangered species in Heraclea Sintica

The travelling exhibition "Traces of Extinction" features casts of the footprints of endangered species in the Rhodope Mountains. The casts are made of biomaterials that replicate the animals' actual forms and habitats, reports BTA. The exhibition will..

published on 7/10/24 7:20 AM

Major repairs to Danube bridge at Ruse begin

Major repairs to the Danube bridge at Ruse begin on 10 July, the Road Infrastructure Agency has announced.  The work will be carried out daily during daylight hours for 10-12 hours a day, depending on the specific work to be carried out, and there..

published on 7/10/24 6:50 AM

Yellow alert for extreme heat remains in effect nationwide

Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains. Minimum temperatures will be between 17 and 21°C, 18°C in Sofia. Maximum temperatures will be between 34..

published on 7/9/24 7:05 PM