Text size

The minimum wage could become 50% of the national average

published on 7/25/22 6:40 PM

Georgi Gyokov

Photo: BGNES

The minimum wage in Bulgaria should be equal to 50% of the average wage and 60% of the median wage. Such a proposal, based on a draft European directive, was made by outgoing Labour and Social Policy Minister Georgi Gyokov at a meeting with social partners.

Options for fixing different minimum wage mechanisms were discussed at the meeting. According to Gyokov, a transparent and automatic mechanism for defining the minimum wage is needed to ensure predictability for both employers and trade unions. He reminded that since 2010 there have been a number of talks on minimum wage, led by different governments, and there is a consensus among social partners for setting such a mechanism. Discussions between employers and trade unions are forthcoming.

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

Radio Bulgaria News Georgi Gyokov minimum wage

More from category

Daniel Lorer (L) and Yavor Bozhankov (R)

PP demanded the resignations of two MPs who did not support the candidacy of Silvi Kirilov

"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..

published on 11/28/24 4:52 PM

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM