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.
On 1 November, Bulgaria’s National Awakeners' Day, Sofia’s Gina Kuncheva Square will come alive in a truly remarkable way. From midday, the Oborishte Municipality and the Buditelkite Foundation will unveil the country’s first interactive outdoor museum,..
On the Day of National Awakeners, the Presidential Administration will open its doors to citizens. Today, at 10:30 a.m., a ceremony to raise the national flag of Bulgaria will be held in front of the presidential institution building...
A number of events are being held throughout Bulgaria to mark the Day of National Awakeners. On the day we pay tribute to the Bulgarian writers, educators and fighters for national liberation who have preserved the spiritual values..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
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