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..
Today's meeting of the National Council for Tripartite Cooperation, which discussed a draft government decree to raise the minimum wage from the current 477 euros to 550 euros as of 1 January 2025, ended without consensus. Trade unions supported..
The caretaker cabinet proposes raising the minimum monthly salary to BGN 1,077 (EUR 550.66) as of January 1, 2025, from the current BGN 933 (EUR 477.04). The proposal is contained in a draft of a government decree which has been put up for public..
A broad-based working group is to be launched in the coming days. The group includes international experts, brought in by the EC, who will assist Bulgaria in the full transposition of a European directive regulating the criteria for determining the..
BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..
The poorest pensioners will receive social benefits to be added to their pensions so they can reach the poverty line , but starting next year, Finance Minister Asen Vassilev said at the meeting of the National Council for Tripartite Cooperation, which..
The largest trade union in Bulgaria, CITUB, has threatened protests and strikes if the National Assembly does not fulfill the union's demand for the urgent adoption of the state budget with income policy and compensation for inflation for people..
The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on..
Compared to the third quarter of 2022, the average monthly salary increased by 7.8 percent in the fourth quarter of 2022 and reached BGN 1,879 , BTA reported. According to preliminary data of NSI, compared to the previous year 2021, the increase..
The minimum wage will increase on January 1, 2023, Bulgaria’s President Rumen Radev said and put an end to the dispute between ministers from the caretaker government and MPs on the issue. "Populist battles have been fought from the Parliamentary..
