Bulgaria gets EC approval to extend employment support scheme

Bulgaria gets EC approval to extend employment support scheme

The European Commission said that it has granted approval to Bulgaria for the extension of the duration and increase of the budget of its employment support scheme for the transport, hotel, restaurant and travel sectors.

The scheme will be extended until the end of 2021 and its budget will be increased by 110 million levs ($65.9 million/56.2 million euro) to 150 million levs in total, the Commission said in a statement on Tuesday.

"The Commission concluded that the scheme, as modified, remains necessary, appropriate and proportionate to remedy a serious disturbance in the economy of a Member State, in line with Article 107(3)(b) TFEU and the conditions set out in the Temporary Framework," the EU institution concluded.

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