Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Trade unions: Salaries in Bulgaria grow, but very slowly

Photo: BGNES

A study of the European Trade Union Institute and the European Trade Union Confederation has found out that Bulgaria, Poland and Germany are the only countries in the EU where the average rate of actual wage rise during the period 2009-2016 was higher than that marked during 2001-2008.

Bulgarian union CITUB commented that major factors for the growth of wages in Bulgaria are structural changes in employment at the beginning of the crisis, competitive pressure on the European labor market in recent years and an unprecedented prolonged deflation.

The union, however, pointed out that ultimately the growth has been low, starting from a very low base level. For example in 2016 the average salary in Finland was € 3,333, while in Bulgaria it was just 523 euros or 7 times lower.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM