Text size

Bulgarian Parliament adopts new mechanism for calculating country's minimum wage

published on 12/8/22 1:02 PM

Photo: Archive

The majority in the Bulgarian parliament has adopted at first reading that the minimum wage in Bulgaria should be no less than 50 percent of the gross average salary for the country for the period of twelve months preceding its determination. Currently, this would mean a minimum amount of BGN 850 (€425).

The changes to the Labour Code proposed by the Bulgarian Socialist Party received the support of 175 MPs, with three abstaining. The final decision must be voted on within seven days.

According to its proponents, the purpose of the draft law is to promptly tie the amount of the minimum wage to the reference values under the directive of the EP and the Council for minimum wages in the EU in the conditions of high inflation, low incomes and constantly rising costs of living.

Some MPs warn that if the minimum wages are not raised now, a much larger increase will be required later, which will make it difficult for employers.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Labour Code minimum wage salary

More from category

400 million leva bank investments for the transition to the euro

Banks have invested 400 million leva in preparing their systems for a smooth transition to the euro , announced Petya Dimitrova, chairwoman of the Association of Commercial Banks. She also recalled some of the benefits of the transition to the single..

published on 3/30/25 4:15 PM

Friends and colleagues attend funeral of Bulgarian UN employee Marin Marinov who died in Gaza

Hundreds of people sent Marin Marinov, the UN employee who died in Gaza, on his last journey . The service at the St. Nicholas Church in Yambol was attended by his relatives, friends and colleagues from the world organization, as well as representatives..

published on 3/30/25 3:15 PM

Bulgarian political leaderes congratulate Muslim community on Ramadan Bayram

Bulgarian President Rumen Radev, Prime Minister Rosen Zhelyazkov and political and religious leaders congratulated the Muslim community in our country on the occasion of the great holiday of Ramadan Bayram. “Our far-sighted ancestors have..

published on 3/30/25 10:55 AM