The minimum monthly wage should be raised to 393 euros from January 1, 2023. This is envisaged in a draft decree of the Council of Ministers, published for public discussion. In the reasons for the rise it is pointed out that the real parameters of the macroeconomic environment, the possibilities of the state budget and company finances have been taken into account. The hike is being proposed even though the 2022 budget will still be in effect in 2023.
On Thursday, the MPs approved at first reading that the minimum wage should be 50% of the average for the country, which means that on January 1, 2023, it should become 434 euros. Such a hike would increase the deficit in the treasury by about 500 billion EUR, Minister of Finance Rositsa Velkova said.
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
	+359 2 9336 661