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

Archaeologists make new significant discovery in Heraclea Sintica

Bulgarian archaeologists have found a very well-preserved two-meter-high statue with a head In the ancient city of Heraclea Sintica. It was made by an artist who used a whole marble block to make the statue in the 2nd century AD..

published on 7/5/24 9:58 AM

According to the president, early elections should be held after September 15

August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..

published on 7/5/24 8:48 AM

Sand Sculpture Festival opens in Burgas

The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..

published on 7/5/24 7:35 AM