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..
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 ,..
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..
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..
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..
Compared to the third quarter of 2022, the average monthly salary increased by 7.8 percent in the fourth quarter of 2022 and reached BGN 1,879 , BTA reported. According to preliminary data of NSI, compared to the previous year 2021, the increase..
The minimum wage will increase on January 1, 2023, Bulgaria’s President Rumen Radev said and put an end to the dispute between ministers from the caretaker government and MPs on the issue. "Populist battles have been fought from the Parliamentary..
Bulgaria’s National Assembly failed to adopt a final decision on the amendments to the bill extending the 2022 state budget. At the proposal of GERB party, tomorrow's plenary session will begin with the final texts of the law. The minimum..
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...
The partners in the Tripartite Cooperation Council (government, employers, trade unions) were unable to reach agreement on the draft laws providing for an increase in wages and pensions. Both the government and the employers are against a..
