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Bulgarian Industrial Association disagrees with EU-wide regulation on minimum wages

published on 10/29/20 12:10 PM

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The Bulgarian Industrial Association (BIA) is against а uniform regulation in the EU of the minimum wages and of collective bargaining. In a letter to Bulgaria's Prime Minister, BIA rejects the European Commission's proposal to adopt a framework directive on minimum wages.

BIA calls on the Prime Minister to defend the position that the EU must respect each country's national competence for determining salaries, which is enshrined in the Treaty on the Functioning of the EU.

According to BIA in the conditions of the Covid-19 crisis, such a regulation will destroy businesses and close jobs. The mechanisms for setting the minimum wage should not be politicized and used for social assistance, the letter reads.

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Radio Bulgaria Economy BIA Bulgarian Industrial Association European Commission minimum wage salaries

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