The minimum wage will be set at BGN 1,077(EUR 545) from next year, caretaker Minister of Labor and Social Policy Ivaylo Ivanov told bTV. ''The Labour Code stipulates that the minimum wage is calculated as 50% of the average wage. The government is obliged to comply with this legislation'', said Minister Ivanov.
In his words, the minimum monthly salary is a tool through which the government influences income growth. Approximately 490,000 people are currently earning the minimum wage, Minister Ivanov emphasized. Regarding the dispute between trade unions and employers over the increase of the minimum wage, Minister Ivanov pointed out that it is much more important to implement the EU directive on minimum wage, and Bulgaria must fulfill this obligation by November 15. Currently, the minimum wage is BGN 933 (EUR 472).
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the pricing methods, delivery conditions and factors influencing price changes . The focus of the study is on..
There is finally political will at the highest level to resolve the conflict between Ukraine and Russia through diplomacy, and this process must be supported, President Rumen Radev told journalists before the opening of the Munich Security Conference...
Deputy Minister of Defence Radostin Iliev and Deputy Chief of Defence Lt. Gen. Krassimir Kanev hosted senior U.S. officers from the National Defense University on February 14. The officers, who have completed the CAPSTONE Senior Military Leadership..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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