Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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

Photo: Archive

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.



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

BNB decreases base interest rate by 0.01%, Bulgaria's gross external debt rises

As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..

published on 10/1/25 10:46 AM

U.S. State Department report analyzes the Bulgarian economy

Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..

published on 10/1/25 10:11 AM

Bulgaria sees higher demand than supply of jobs

Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..

published on 9/30/25 12:26 PM