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 obliged to comply with this legislation'', said Minister Ivanov.
In his words, the minimum monthly salary is a tool through which the government influences income growth. Approximately 490,000 people are currently earning the minimum wage, Minister Ivanov emphasized. Regarding the dispute between trade unions and employers over the increase of the minimum wage, Minister Ivanov pointed out that it is much more important to implement the EU directive on minimum wage, and Bulgaria must fulfill this obligation by November 15. Currently, the minimum wage is BGN 933 (EUR 472).
A Bulgarian businessman has been charged by the European Public Prosecutor's Office with attempted fraud with Chinese agricultural machinery. He tried to present the machinery as Bulgarian-made. A lawsuit has been filed in the Sofia..
Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..
Borislav Sarafov meets all the requirements and has the qualities to be elected Prosecutor General. This position was taken by the committees on attestation and competitions and on professional ethics at the Prosecutors College of the..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
+359 2 9336 661