As of 1 January, 2023, the minimum salary will be calculated on the basis of a formula, instead of being calculated administratively.
The Ministry of Labour and Social Policy presented, to businesses and TUs, three different options of the mechanism – that the minimum salary constitute 50% of the average salary for the country for the previous year; that it constitute 49-51% of the average salary; that it constitute 50% to 45%, depending on the economic growth. The proposals are in the spirit of the expected European directive on fair incomes. According to employers, the minimum salary should constitute 60% of the average salary for the country.
The minimum monthly salary is now EUR 363. With all three options it should reach no less than EUR 426, though that will mean it will still remain the lowest within the EU.
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she said she was optimistic about Austria’s decision. Asked what the arguments are for blocking the..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
Partly Cloudy