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Inflation has outpaced wage growth

Inflation has outpaced wage growth in almost all sectors of the Bulgarian economy and consumer prices have risen by 10% year-on-year. These are part of the conclusions in an analysis by the Institute for Market Economy. Average..

13.08.22 12:18 |

27% of working Bulgarians cannot afford a one-week holiday: European Trade Union Confederation

27% of working Bulgarians or 840,000 people cannot afford a one-week holiday. Over 38 million people in  Europe  cannot afford a week’s holiday , despite being in work,  indicate data of a survey conducted by the European Trade..

19.07.22 19:20 |
Dimitar Manolov

Labor unions: workhours, wages and energy crisis are the main problems

Today we mark the International Workers Day, also known as Labor Day. According to Dimitar Manolov, President of the Confederation of Labor Podkrepa, the war in Ukraine, inflation and the energy crisis are the biggest challenges for the Bulgarian..

01.05.22 09:49 |

The highest salaries in Bulgaria are in small municipalities with large employers

The Institute for Market Economics reports that the highest salaries in Bulgaria are in small municipalities with large employers for another consecutive year. Leading are the municipalities in Sreda Gora region, on the territory of which there is a..

13.04.22 19:10 |

Average salary of women in Bulgaria is 135 euros lower than that of men

In 2020, women in Bulgaria received averagely 12.7% lower salaries than men. Women in this country are usually working in lower-paid sectors and in 2019 the difference in average salary was 14.1%, according to data of the CITUB..

08.03.22 10:56 |

Trade Unions: The 2022 state budget does not earmark money for higher wages to offset inflation

Bulgaria’s trade unions welcome the decision of the authorities to allocate more money for social polcicies between the first and the second reading of the 2022 state budget. Meanwhile , however, they are calling on them to allocate..

16.02.22 18:27 |
Assen Vassilev

Assen Vassilev: Minimum salary to rise to EUR 363 from April 1

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..

30.01.22 12:43 |

Prices are going higher much faster than incomes – what measures are needed and what to look out for?

The prices of food products, services, fuels are growing at a faster pace compared to the increase in wages, according to an express study of CITUB. Since the beginning of the year, natural gas has risen in price by 158%, the increase in electricity..

15.10.21 11:42 |

Employers are ready to raise wages due to staff shortages

The shortage of staff will lead to a massive increase in wages in the second half of the year . This is one of the conclusions of the study "Salaries and additional benefits - trends" of ManpowerGroup Bulgaria. Almost half (49%) of the 513 employers..

13.07.21 19:22 |
Photo from the national protest of police officers from September 10, 2020

Police officers in Bulgaria go on nationwide protest for higher wages

A national protest of all police officers has was announced for November 8 in front of the Ministry of Interior, after the Trade Union of the Police Employees did not reach an agreement with the police administration to increase salaries , BTA reports...

02.11.20 17:20 |
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