Legal review: Practical application for your business of the adopted economc state aid

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With the current legal review, we will provide you with information on important , for your business matters in relation to the compensatory measures, introduced in the decree adopted on March 30th, 2020 by the Council of Ministers – Decree on the Conditions and Procedure for Payment of Compensation to the Employers /”The Decree”/. The new by-law is aimed as a financial releif for the Bulgarian business which was considerably affected by the consequences of the state of emergency declared on March 13th, 2020 and more precisely, the anti-epidemic measures introduced by the Ministry of Health. The latter provides for economic stimulus for the employers, which should preserve the employment of the workers and employees in the country. The finances for payment of the compensations will be provided by fund “Unemployment” of the State Public Insurance.

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