On 20 October, acting labour and social policy minister Ivaylo Ivanov announced on the national television channel bTV that the minimum wage would be increased by 15.4% from next year. It will rise from BGN 933 to BGN 1,077 gross per month (approximately €477 to €550). The minister emphasised that the decision was based on legal provisions (article 244 of the law of 10 February 2023), which set the minimum wage at 50% of the average wage, as recommended by the European directive. As the...
Bulgaria: minimum wage to rise by more than 15% from January 2025
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