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 increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..
There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..
The People's Republic of China is introducing a visa-free regime for holders of Bulgarian passports for business purposes, tourism, visiting relatives or friends, official visits or transit, for no more than 30 days. The Situation..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
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