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: Realism replaces naivety regarding the situation in Ukraine

There is finally political will at the highest level to resolve the conflict between Ukraine and Russia through diplomacy, and this process must be supported, President Rumen Radev told journalists before the opening of the Munich Security Conference...

published on 2/14/25 5:28 PM

Bulgaria included in European familiarisation tour of senior US officers

Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..

published on 2/14/25 3:00 PM

Ex-PM Kiril Petkov to stand trial over arrest of GERB leader Boyko Borissov

Kiril Petkov, co-chairman of We Continue the Change (PP), is to be tried over the arrest of GERB leader Boyko Borissov on March 17 2022 . Prosecutors submitted the charges against Petkov to the Sofia City Court two months after he voluntarily waived his..

published on 2/14/25 1:40 PM