Financial and business news from Bulgaria

Eurofound corrects data for Bulgaria on employment in the pandemic

The European Foundation for the Improvement of Living and Working Conditions (Eurofound) corrected the data for Bulgaria in the study on the impact of the COVID-19 pandemic on employment and working life in the EU. The reason is that in the report originally published on 11 March there was incorrect information about our country, the press office of the Social Ministry said.
The revised data for Bulgaria are published on 23 March on the Eurofound website. About this she informed the acting director of the EuroFoundation Maria Jepsen in a letter to the Minister of Labour and Social Policy Denitsa Sacheva, the Ministry said.

In the letter, she explained that the original version of the study contained inaccurate budgetary information on the compensation scheme for the maintenance of jobs in businesses affected by the coronadisis-crisis, which gained popularity such as the 60/40 measure.

The European Foundation has been notified of this issue by 17 March. Then the Ministry of Labour and Social Policy sent a letter asking the agency for the inaccuracy admitted. Eurofound immediately publishes on its website information that the data about Bulgaria are in the process of verifying until correct data are presented by the Eurofound correspondent about our country. The report was then completely revised, the ministry added.