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Financial and business news from Bulgaria

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  • Germaanckoto prawitelctwo obován, chébraniava enter ctránata na cezonni rábottniks, cobsbyti doyche vele.
    Very bad news for seasonal workers in Germany
    2020-03-26 16:30:16
    Germaanckoto prawitelctwo obován, chébraniava enter ctránata na cezonni rábottniks, cobsbyti doyche vele.
  • For another year we allocate funds for Easter supplements to the pensions of 1 246 000 Bulgarian pensioners. This is what Prime Minister Boyko Borisov wrote in his social network profile.
    Borisov revealed how much money will give pensioners for Easter
    2020-03-26 15:30:15
    For another year we allocate funds for Easter supplements to the pensions of 1 246 000 Bulgarian pensioners. This is what Prime Minister Boyko Borisov wrote in his social network profile.
  • The Organization of Petroleum Exporting Countries (OPEC) average oil price rose to $26.53 per barrel yesterday, the cartel informed today on its site.
    OPEC's $26.53 per barrel of oil
    2020-03-26 14:30:16
    The Organization of Petroleum Exporting Countries (OPEC) average oil price rose to $26.53 per barrel yesterday, the cartel informed today on its site.
  • The coronavirus pandemic could be an apocalypse for civil aviation if governments do not help it financially, and urgently. For airline survival, nearly $200 billion will be needed, the International Air Transport Association estimates, BNT reported.
    Airlines facing collapse over coronavirus
    2020-03-26 13:30:16
    The coronavirus pandemic could be an apocalypse for civil aviation if governments do not help it financially, and urgently. For airline survival, nearly $200 billion will be needed, the International Air Transport Association estimates, BNT reported.
  • The White House and Senate have reached agreement on the $2 trillion plan to mitigate the economic effect of the coronavirus in the United States, Reuters and France Press reported. This was reported by the BTA.
    White House and Senate agree on economic stimulus plan
    2020-03-26 13:30:03
    The White House and Senate have reached agreement on the $2 trillion plan to mitigate the economic effect of the coronavirus in the United States, Reuters and France Press reported. This was reported by the BTA.
  • The main scenario in Greece is for a gradual repeal of the restrictive measures since the end of April, the newspaper Kathimerini writes. According to the publication, the country is in the hoop of restrictions of unknown duration, but they are unlikely to be cancelled before the end of next month.
    Greece expects easing of restrictions as early as late April
    2020-03-26 12:30:17
    The main scenario in Greece is for a gradual repeal of the restrictive measures since the end of April, the newspaper Kathimerini writes. According to the publication, the country is in the hoop of restrictions of unknown duration, but they are unlikely to be cancelled before the end of next month.
  • Since yesterday, the implementation of economic support measures for companies and households affected by the new coronavirus pandemic began in Greece, Kathimerini reports. In a special electronic platform, workers whose employment contracts have been temporarily terminated submit declarations for assistance of EUR 800.
    In Greece, economic support measures are already being implemented because of Covid-19
    2020-03-26 11:30:19
    Since yesterday, the implementation of economic support measures for companies and households affected by the new coronavirus pandemic began in Greece, Kathimerini reports. In a special electronic platform, workers whose employment contracts have been temporarily terminated submit declarations for assistance of EUR 800.
  • The 60-40 measure will not work for small businesses because it is currently not working and it will be so for months, Richard Alibegov, president of the Association of Establishments in Bulgaria, told BBC VV. Thus, he commented on the government's proposal to take over 60% of the salaries of employees in proven companies, so as not to be made redundant. The condition is for the remaining 40% to be borne by employers.
    Alibegov: 60 to 40 measure won't work for establishments
    2020-03-26 11:30:06
    The 60-40 measure will not work for small businesses because it is currently not working and it will be so for months, Richard Alibegov, president of the Association of Establishments in Bulgaria, told BBC VV. Thus, he commented on the government's proposal to take over 60% of the salaries of employees in proven companies, so as not to be made redundant. The condition is for the remaining 40% to be borne by employers.