The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According to the International Labour Organization, the subsistence wage is the wage level required to ensure a decent standard of living for workers and their families, explained CITUB President Plamen Dimitrov.
The trade union proposes that calculations be made using a special consumer basket of 479 goods and services, excluding alcohol and cigarettes. According to the latest data, the subsistence gross wage is 1,874 BGN per month. For 2024, the country's minimum wage of 933 BGN is just under 50% of the subsistence wage.
In 2024, 8.2% of people aged 18 or over who declared to be at work (either employed or self-employed) in the EU were at risk of poverty, according to data from Eurostat, cited by the BNR's Horizont channel. In Bulgaria, this share reached 11.8%. The..
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
KBC Group expects the Bulgarian economy to grow slightly more next year in comparison to its previous forecasts, according to the..
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