The two biggest trade unions in the country – the Confederation of Independent Trade Unions in Bulgaria and Podkrepa – are turning down the invitation from employer organizations to sit down to negotiations on the minimum wage today.
The state is proposing a 9 percent rise in the minimum wage, up to 235 euro per month in 2017. Employers say that the planned increase in the minimum wage is not based on any objective indicators and they, in their capacity of social partners have not taken part in negotiating these parameters. A faster growth rate of the minimum wage may lead to staff cuts, employers cautioned.
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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