Text size

Unions demand wages increase by more than 1/3 within next 18 months

published on 7/16/20 5:31 PM

Photo: Archive

Over the next 18 months, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will insist that the minimum wage should reach 400 euros and the average wage - 871 euros. According to the union, these are completely achievable goals.

Despite the double-digit wage growth in recent years, figures show that incomes in Bulgaria remain the lowest in the EU. Income inequalities are deepening, with a decreasing number of people concentrating more and more of the total national income.

In 2000, the richest Bulgarians owned 1.54 billion euros, and now the wealthiest members of Bulgarian society dispose of 12 billion euros of the total income in the economy, according to CITUB.

According to the National Social Security Institute, the average insurance income for May 2020 is 545 euro.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News CITUB Confederation of Independent Trade Unions income wage

More from category

Rumen Radev and Hakan Fidan discuss connectivity between Bulgaria and Türkiye

Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting with Türkiye's Minister of Foreign Affairs Hakan Fidan within the framework of the Munich Security..

published on 2/15/25 5:09 PM

A new law will normalize pricing along the supply chain

The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through processors, the distribution of primary products and food, as well as wholesale and retail trade,..

published on 2/15/25 2:50 PM

Bulgaria's cabinet holds emergency meeting on food prices

Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices. On February 13, some Bulgarians participated in a boycott of food retail chains. Measures for..

published on 2/15/25 1:16 PM