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.
The Consulate General of the Republic of Bulgaria in Toronto, together with the Bulgarian-Canadian Society of British Columbia, will organize consular days in Vancouver, BC on November 7 and 8, 2025, announced the team of the Bulgarian diplomatic..
The National Gallery Square 500 opens for the first time on November 4 at 6:00 p.m. an exhibition of Christo and Jeanne-Claude, marking the 90th anniversary of the birth of the creative tandem. The first acquisition of Christo's..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''. It will be held at the Boyana Residence and is part of the communication campaign for introducing..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
+359 2 9336 661