The minimum wage for the country should become at least BGN 1,080 from January 1, 2025, instead of the current BGN 933. This was announced by the Chief Economist of KNSB Lyuboslav Kostov at a forum organized by the trade unions, dedicated to the new European directive on the lowest wages, BNR reports.
, he pointed out.
Kostov argued that on September 1, the Minister of Labor should issue a decree to determine the amount of the minimum wage from January 1, 2025.
"What we know right now as of today is three out of four unknowns. We know, for three of the quarters in which the minimum was formed, what the size of the average wage is. A few days ago, it came out that nearly BGN 2,200 is the average salary for the first quarter of 2024," he added.
Bulgaria must transpose the European minimum wage directive by November 15.
In this regard, KNSB and KT "Support" insist that the minimum wage be brought closer to the necessary means of subsistence, which according to the latest expert calculations point to BGN 1,450 per month for a worker.