16 March 2020 – Government to pay 60% of wages of employees at risk of redundancy

Type of Intervention: Financial and Economic
Sectors Involved: Finance/Economy, Private Sector and Businesses
Level of Jurisdiction: National
Lead People/Agency: Ministry of Finance

Overview: Bulgarian Government has announced that will provide financial support to the businesses affected by the ongoing coronavirus crisis via the Bulgarian Development Bank. The bank will receive up to EUR 250 million from the state. The state will temporarily pay 60% of the wages of employees who are at risk of redundancies.
Full details here: https://www.minfin.bg/bg/news/10980

Other links: 1 2
Type of Justification: Advice of INTERNAL government advisory committee or group, Advice of EXTERNAL group of non-academics (e.g. business or community leaders), Perception of an increased threat