Text size

The minimum wage could become 50% of the national average

published on 7/25/22 6:40 PM

Georgi Gyokov

Photo: BGNES

The minimum wage in Bulgaria should be equal to 50% of the average wage and 60% of the median wage. Such a proposal, based on a draft European directive, was made by outgoing Labour and Social Policy Minister Georgi Gyokov at a meeting with social partners.

Options for fixing different minimum wage mechanisms were discussed at the meeting. According to Gyokov, a transparent and automatic mechanism for defining the minimum wage is needed to ensure predictability for both employers and trade unions. He reminded that since 2010 there have been a number of talks on minimum wage, led by different governments, and there is a consensus among social partners for setting such a mechanism. Discussions between employers and trade unions are forthcoming.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Georgi Gyokov minimum wage

More from category

Prosecutor's Office raises new charges against Varna Mayor Blagomir Kotsev

The Prosecutor's Office has raised new charges against Mayor of Varna, Blagomir Kotsev, BNR reporter Silvia Velikova informed. He is expected to be presented with materials part of the case on Friday, which means that the..

published on 10/27/25 2:43 PM

Minister of Social Affairs says there will be no people affected negatively by the first budget in euros

Everything possible will be done to ensure that no segments of the population are negatively affected, Minister of Social Affairs Borislav Gutsanov said, speaking about the preparation of the draft budget for 2026. "I don't see..

published on 10/27/25 1:47 PM

Bulgaria’s first honorary consulate in Norway has been officially inaugurated in Stavanger

Bulgaria’s first honorary consulate in Norway was officially inaugurated on October 24, 2025, in the city of Stavanger, the Embassy of Bulgaria in Oslo announced on Facebook. Following the performance of the national anthems of Bulgaria and..

published on 10/27/25 12:08 PM