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A total of 7403 job retention applications from 101 849 employees were submitted under the 60/40 measure at labor offices across the country as of April 27. So far, applications from 1979 employers for job retention of 28 674 people have been approved. The assessment is made within 7 working days after application, the Ministry of Labor and Social Policy specified.
There is an increase in the number of companies that have already received from the state 60% of the insurable income and the due social security of employees remaining in their jobs. On April 28, 2020 alone, the NSSI transferred compensation to 631 companies for 8531 workers. So far, a total of 1364 employers have received state aid for 19,003 employees totaling BGN 5 903 296.
The three leading telecommunications operators in Bulgaria inject more than 640 million BGN (≈327 million EUR) annually into the development of networks and services
Greek tax authorities have launched inspections into the operations of thousands of Greek-registered companies operating in Bulgaria
Thousands of employees at Bulgaria’s Ministry of the Interior continue to draw both a state pension and a full salary
Manyu Moravenov, Executive Director of the Bulgarian Stock Exchange (BSE), has stated that Bulgarian companies are expected to become more expensive following the country’s accession to the eurozone. He made the remarks during an informational event in Bl
Danish pharmaceutical giant Novo Nordisk has announced one of the largest workforce reductions in its history, cutting a total of 9,000 positions worldwide
The mining industry in Bulgaria currently employs over 18,000 people directly
A Russian-flagged tanker, identified as the KAIROS, has run aground near the Bulgarian coast close to Ahtopol following a drone attack by Ukraine in the Black Sea
Nearly 60% of the pork available on the Bulgarian market comes from domestic producers
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
On the occasion of International Migrants’ Day on December 18, migrant business owners in Sofia released a Manifesto of Foreign Entrepreneurs in Bulgaria
The Governing Council of the Bulgarian National Bank (BNB) has granted preliminary approval to Bulgarian-American Credit Bank AD (BACB) to acquire a controlling stake in Tokuda Bank EAD
Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
