11.03.2021

THE MEASURE 60/40 IS EXTENDED

The measure 60/40 for maintaining employment will be extended from April 1 to May 31 - this provides for a draft government decree.

It will be discussed with business and unions at a meeting of the National Council for Tripartite Cooperation on Monday. The effect of the measure "Keep me" for employees in closed sites on unpaid leave will also be extended, the deadline for which is June 30, 2021.

The changes stipulate that employers who have proven a decline in sales revenues in the month preceding the month of application by at least 20 percent compared to the average income for 2019 will be able to apply for payment of funds.

Until April 15, 2021, employers can submit applications for payment of funds under this measure for the period from January 1 to March 31, 2021. Applications will be considered and funded in the order before the change in the measure.

As of mid-February 2021, a total of over BGN 854 million has been paid under the measure to maintain the employment of over 265,000 workers.

Regarding the "Keep me" measure, it is envisaged that people will be entitled to compensation under it for no more than 60 days within 2020 and for no more than 90 days within 2021.