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Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

14.11.24 09:31 |

The Confederation of Labour "Podkrepa" strongly criticizes the draft amendments to the Labour Code

The Confederation of Labour "Podkrepa" has strongly criticized the draft amendments to the Labour Code prepared by the Ministry of Labor and Social Policy, according to which the growth of the minimum wage is linked only to inflation. In a statement,..

12.11.24 17:58 |
 Caretaker Minister of Labor and Social Policy Ivaylo Ivanov

The caretaker government will implement the law and the minimum wage will be set at EUR 545

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..

21.10.24 08:46 |

Tripartite Council again fails to agree on minimum wage for 2025

Today's meeting of the National Council for Tripartite Cooperation, which discussed a draft government decree to raise the minimum wage from the current 477 euros to 550 euros as of 1 January 2025, ended without consensus.  Trade unions supported..

11.10.24 15:30 |

Bulgaria's government proposes raising the minimum monthly salary to EUR 550.66 as of January 1

The caretaker cabinet proposes raising the minimum monthly salary to BGN 1,077 (EUR 550.66) as of January 1, 2025, from the current BGN 933 (EUR 477.04). The proposal is contained in a draft of a government decree which has been put up for public..

28.08.24 17:44 |
Ivanka Shalapatova

European directive on minimum wage to be transposed in Bulgaria

A broad-based working group is to be launched in the coming days. The group includes international experts, brought in by the EC, who will assist Bulgaria in the full transposition of a European directive regulating the criteria for determining the..

25.11.23 17:28 |
Minister Vassilev

Assen Vassilev: No low wage ghettos in Bulgaria

BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..

21.11.23 17:18 |
The new budget will keep the minimum wage at 399 euros, Finance Minister Assen Vassilev (fifth left) said at the meeting of the National Council for Tripartite Cooperation in Sofia, June 4, 2023.

Budget 2023: Employers will only pay the first two days of sick leave

The poorest pensioners will receive social benefits to be added to their pensions so they can reach the poverty line , but starting next year, Finance Minister Asen Vassilev said at the meeting of the National Council for Tripartite Cooperation, which..

03.07.23 14:42 |
Todor Kapitanov, vice-president of CITUB

Unions ready for strikes if wages in budget sector lag behind inflation

The largest trade union in Bulgaria, CITUB, has threatened protests and strikes if the National Assembly does not fulfill the union's demand for the urgent adoption of the state budget with income policy and compensation for inflation for people..

13.06.23 14:25 |

Minimum monthly salary is expected to reach EUR 480 in 2024

The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on..

19.03.23 11:33 |
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