The measure to support employers in relation to the coronavirus pandemic is likely to be dropped , said Finance Minister Assen Vassilev. The 60/40 financial instrument will be discontinued once it expires, as there will be no reason to reactivate it...
The measure 60/40 will continue to operate after January 1, as we will be seeking a balance to help businesses maintain employment, but also not to make it too dependent on state aid, said Social Affairs Minister Denitsa Sacheva. The draft social..
The European Commission has announced that it has approved two measures proposed by Bulgaria to help employment in the context of the Covid-19 crisis. The approval is done under the temporarily eased state aid rules. The first measure extends and..
From April to June this year, 277 companies in one of the most stable industries in Bulgaria - the IT sector, have benefited from the 60/40 state measure. According to a specialized agency for business research in this area, with nearly 1.5 million euros..
“The 60/40 measure will probably be extended by another 3 months, with the option of continuing it until the end of the year,” Minister of Labour and Social Policy Denitsa Sacheva said for the Bulgarian National Radio. The measure will be..
Health Authorities discuss lifting of quarantine upon entry in Bulgaria The health authorities are studying the possibility of abolishing the mandatory 14-day quarantine for Bulgarian and foreign citizens entering Bulgaria. This was announced..
Regarding the possibility of Bulgaria availing itself of the European Commission fund for the companies which will operate at reduced capacity in the conditions of pandemic, with the state covering part of the salaries of their staff, Deputy Prime..
