Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian Parliament adopts new mechanism for calculating country's minimum wage

Photo: Archive

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. Currently, this would mean a minimum amount of BGN 850 (€425). 

The changes to the Labour Code proposed by the Bulgarian Socialist Party received the support of 175 MPs, with three abstaining. The final decision must be voted on within seven days. 

According to its proponents, the purpose of the draft law is to promptly tie the amount of the minimum wage to the reference values under the directive of the EP and the Council for minimum wages in the EU in the conditions of high inflation, low incomes and constantly rising costs of living. 

Some MPs warn that if the minimum wages are not raised now,  a much larger increase will be required later, which will make it difficult for employers.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sunny weather in most of Bulgaria on Thursday, with fog near rivers

Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..

published on 11/27/24 7:25 PM

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM