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Dimitar Manolov

Trade unions: The extending of the 2022 budget into 2023 is a bad decision

The decision to extend the state budget for 2022 also into 2023 is bad because a number of activities remain underfunded. This was stated by the president of Podkrepa Trade Union, Dimitar Manolov, at the opening of the International Trade Union..

01.11.22 14:30 |
Lazar Lazarov, caretaker social minister

Bulgaria's Minister of Social Affairs proposes 30 euro increase in minimum wage

The caretaker government proposes to raise the minimum wage in Bulgaria as of 2023 from 710 /363 euros/ to 770 leva /393 euros/ . This was announced by the caretaker Deputy Prime Minister and Minister of Social Affairs Lazar Lazarov.  This..

10.08.22 15:22 |
Georgi Gyokov

The minimum wage could become 50% of the national average

The minimum wage in Bulgaria should be equal to 50% of the average wage and 60% of the median wage . Such a proposal, based on a draft European directive, was made by outgoing Labour and Social Policy Minister Georgi Gyokov at a meeting with social..

25.07.22 18:40 |
Labour and Social Policy Minister Georgi Gokov.

Minister of Labour: No raise of minimum wage in Bulgaria as of July 1

For the time being there will be no update of the minimum wage in Bulgaria as of July 1 , Labour and Social Policy Minister Georgi Gokov told journalists before the meeting of the National Council for Tripartite Cooperation, where the government's..

30.05.22 16:39 |
Plamen Dimitrov, president of the Confederation of Independent Trade Unions of Bulgaria (KNSB).

Bulgarian trade unions demand minimum wage raise from July 1

The largest Bulgarian trade union, the Confederation of Independent Trade Unions of Bulgaria (KNSB), is pushing for the minimum wage to be increased to 760 leva (388 euro) from July 1. More than one minimum wage hike per year expected Ah..

10.05.22 14:08 |

Bulgarian Parliament adopts at first reading the budget of the Social Security service

After more than four hours of discussions, the MPs adopted at first reading the Social Security Act with 129 votes in favour, 92 against and no abstentions.  Among the planned changes is the increase of the minimum wage from 650 (332.34 EUR) to..

09.02.22 19:21 |

Businesses: An increase in the minimum wage will increase unemployment

In the next draft budget, the caretaker government proposes that the minimum wage be BGN 710 (EUR 363). "At the moment we do not have a clear mechanism for determining the minimum wage. It is determined administratively and largely unclear," said Shteryo..

03.12.21 19:50 |
Ъaretaker Minister of Finance Valeri Belchev

Bulgaria will not take out new debt until the end of the year: Finance Minister Belchev

Bulgaria’s debt limit has been set at 2.25 billion euro, 1.9 billion euro has so far been taken out, announced caretaker Minister of Finance Valeri Belchev during his participation in the discussion “The government talking, openly!” in the..

02.12.21 10:35 |
Valeri Belchev, caretaker finance minister

Bulgaria's caretaker government proposes higher social spending for 2022

Caretaker Finance Minister Valeri Belchev has proposed an increase in the minimum wage, maternity allowance and child benefits. "Over 750,000 people in the country receive a minimum wage of 332 euros a month . This amount is extremely insufficient. We..

01.12.21 14:14 |

Inflation imported from abroad affects seriously the food budget of Bulgarians

The prices of goods and services in Bulgaria have started to go up. This is after a threefold increase in natural gas prices since the beginning of the year and an increase in heating and electricity prices in mid-summer. Globally,..

05.10.21 16:00 |
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