The minimum wage will be set at BGN 1,077(EUR 545) from next year, caretaker Minister of Labor and Social Policy Ivaylo Ivanov told bTV. ''The Labour Code stipulates that the minimum wage is calculated as 50% of the average wage. The government is obliged to comply with this legislation'', said Minister Ivanov.
In his words, the minimum monthly salary is a tool through which the government influences income growth. Approximately 490,000 people are currently earning the minimum wage, Minister Ivanov emphasized. Regarding the dispute between trade unions and employers over the increase of the minimum wage, Minister Ivanov pointed out that it is much more important to implement the EU directive on minimum wage, and Bulgaria must fulfill this obligation by November 15. Currently, the minimum wage is BGN 933 (EUR 472).
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..
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..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national meeting of fruit and vegetable producers. He added that there had already been a drop in the price of..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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