The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According to the International Labour Organization, the subsistence wage is the wage level required to ensure a decent standard of living for workers and their families, explained CITUB President Plamen Dimitrov.
The trade union proposes that calculations be made using a special consumer basket of 479 goods and services, excluding alcohol and cigarettes. According to the latest data, the subsistence gross wage is 1,874 BGN per month. For 2024, the country's minimum wage of 933 BGN is just under 50% of the subsistence wage.
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..
In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..
+359 2 9336 661