Podcast in English
Text size
Bulgarian National Radio © 2024 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

Asen Vasilev

PP-DB collect evidence of election rigging

"We Continue the Change - Democratic Bulgaria" are reviewing the video recordings from the election sections in order to collect evidence of vote rigging, PP co-chairman Asen Vassilev told BNR. At the moment when sufficient facts are..

published on 11/3/24 2:20 PM
Kamelia Neikova

Vote recount can only happen after decision of the Constitutional Court

"When I look at the CCTV footage, I have the feeling that some of the sectional election commissions did not work according to the rules." That is how chair of the CEC, Kamelia Neikova, commented information about manipulations related..

published on 11/3/24 1:05 PM

Bulgaria is ready to help Spain after the devastating floods

By order of caretaker Prime Minister Dimitar Glavchev, the institutions are ready to provide assistance to Spain after the floods in Valencia, the Council of Ministers reported. If the authorities in Madrid request support,..

published on 11/3/24 11:41 AM