As of 1 January, 2023, the minimum salary will be calculated on the basis of a formula, instead of being calculated administratively.
The Ministry of Labour and Social Policy presented, to businesses and TUs, three different options of the mechanism – that the minimum salary constitute 50% of the average salary for the country for the previous year; that it constitute 49-51% of the average salary; that it constitute 50% to 45%, depending on the economic growth. The proposals are in the spirit of the expected European directive on fair incomes. According to employers, the minimum salary should constitute 60% of the average salary for the country.
The minimum monthly salary is now EUR 363. With all three options it should reach no less than EUR 426, though that will mean it will still remain the lowest within the EU.
The US is investing $240,000 in the ReBonkers Cultural Center in Varna through the Ambassadors Fund for Cultural Preservation (AFCP), the US Embassy in Sofia reported. Varna is the largest beneficiary of an AFCP project in Europe this..
The 78th Plovdiv International Technical Fair was opened in Bulgaria’s second largest city. 231 companies - direct producers and sales representatives from 25 countries, are participating in the forum, which will last until September..
Prosecutor General Borislav Sarafov, caretaker Interior Minister Atanas Ilkov and SANS chair Plamen Tonchev signed a joint order to create a national interdepartmental unit for the parliamentary elections on October 27, the..
"It's about time." Thus succinctly President Rumen Radev commented from New York on the possibility that on October 10 of this year a proposal be..
On October 10, the European Commissioner for Internal Affairs Ylva Johansson and the Minister of Internal Affairs of Hungary will propose to the Council..
The European Commission has approved the transfer of EUR 90 million that remained unused by Bulgaria during the previous financial..
Partly Cloudy
Clear