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Minimum wage rises 20 percent on January 1

Photo: BGNES

The caretaker government decided that the minimum wage will rise to 780 BGN /398.81 EUR/ on January 1, 2023. According to Deputy Prime Minister Lazar Lazarov, the rise is 20% on an annual basis and fully covers the annual rise in the cost of living. On the other hand, the hike of 35.79 EUR would not affect inflation in Bulgaria.



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