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

Assen Vassilev: Minimum salary to rise to EUR 363 from April 1

Assen Vassilev
Photo: minfin.bg

In 2022, Bulgaria is expected to receive the first tranche under the Recovery and Resilience Plan to the tune of to EUR 1.6 billon , this country’s Deputy Premier and Minister of Finance Assen Vassilev said in an interview for the BNR. 

In his words, the negotiations with the European Commission under the plan are not easy, but Bulgaria expects to get an approval in the beginning of April. According to the 2022 draft state budget, the minimum monthly salary will increase to EUR 363 as of April 1. 

“I don’t have to apologize for telling the truth”, Assen Vassilev said. Earlier, Bulgarian employers demanded an excuse from Minister Vassilev for calling some of them incompetent. “Labor productivity in Bulgaria amounts to just under 50% of the EU average, while wages amount to 26% of the EU average. In other words, labor productivity significantly outpaces wages”, Minister Vassilev said.




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

Bulgaria has the highest share of low-wage earners in the EU

In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country.  Bulgaria had the highest share of low-wage earners (26.84%). This..

published on 2/27/25 4:57 PM

EC hopes for positive decision on part of payments under Bulgaria's Recovery and Resilience Plan

The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..

published on 2/27/25 3:20 PM
Rositsa Mateva

CEC: There will be no recount of ballots from the last elections

There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..

published on 2/27/25 1:54 PM