Global Trade Alert
Global Trade Alert

Bulgaria: Introduction of grant scheme to support companies' wage costs

Announcement

14 Jul 2020

On 14 July 2020, the European Commission approved a wage subsidy scheme to support enterprises facing liquidity shortages which might cause employees layoff due to a drop in activity prompted by the Covid 19 outbreak.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jul 2020

Revocation date:

30 Mar 2021

Removed: 30 Jun 2021
Financial grant
On 14 July 2020, the European Commission approved a BGN 40 (USD 23) million wage subsidy scheme from Bulgaria. The scheme will support companies and self-employed individuals that are, by and large, m...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions