Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Assen Vassilev: No low wage ghettos in Bulgaria

Minister Vassilev
Photo: BGNES

BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage, reports BNT.

In Montenegro, the minimum wage is 532 euro this year, in North Macedonia it is already 483 euro and in Serbia it is 547 euro, Vassilev said. "We have an obligation not to allow the formation of ghettos with low wages, low quality of work and abandoned regions. This happens in developed countries when there is a scissors effect," the minister said. He said the budget should lead to a permanent increase in pensions without changing tax rates. The projected deficit is 3% according to the Maastricht criteria for joining the eurozone. 

During the discussions, the tripartite partners did not reach an agreement on the budgets of the National Health Insurance Fund and the State Social Insurance Fund, BNR reporter Marta Mladenova said.

Unanimity was not reached on the state budget for 2024. Finance Minister Assen Vassilev said that the goal was to have the budget finally adopted by December 22, BNT reported.





Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Jerusalem, 1 October 2024

Bulgarians in Israel are calm before the holiday of Rosh Hashanah

Bulgarian Jew David Levi, who survived Iran's missile attack against Israel in a bomb shelter, has told BNR that the situation in the country has calmed down with the opening of the airspace. This is a sign that the attack has passed,..

published on 10/2/24 10:39 AM

European heads of state celebrate 70th anniversary of CERN

Bulgaria continues to be dedicated to the joint mission of developing the potential of science in support of peace in a world of fierce competition and for the positive development of our societies. This was what Bulgarian President..

published on 10/2/24 9:48 AM

Another 80 Bulgarians successfully evacuated from Lebanon, the total number of returnees is 169

Another 80 Bulgarian citizens from Lebanon landed at Sofia airport on board the government’s plane. The number of evacuated people with two flights after September 30 is now 169. The latest flight was welcomed by Minister of..

published on 10/2/24 8:55 AM