65.3% of Bulgarian Workers Earn Below Subsistence Level
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
The Income of 400,000 Working Bulgarians Will Increase
- Tweet
Send to Kindle
archive
With the increase of the minimum wage to BGN 510 from January 2018, the income of 400,000 working Bulgarians will increase. This was announced by the Social Minister Biser Petkov.
For pensioners, an increase is also foreseen - from July all pensions will be indexed by 3.8% and the minimum pension will be 207.6 BGN. The pension ceiling, however, remains BGN 910.
This year, more parents will have access to childcare supplements, and the amount of childcare allowance from 2 to 3 years old is also increased. The government plans to ease the conditions for a personal pension of BGN 108 per one-parent children, and they will be granted even for higher income than the current one.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Related Articles:
Global Freelance Rates: Bulgaria Secures 15th Spot in Professional Salary Rankings
Bulgaria holds the 15th spot worldwide in terms of average salaries for individuals engaged in freelance professions, boasting an average wage of $148
World | April 23, 2024, Tuesday // 09:45
Report Shows Bulgarians Have Doubled Their Wealth in a Decade
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
Eurobarometer: Majority of Bulgarians Urge State Action on High Living Costs
In a recent Eurobarometer survey by the European Commission, 57% of Bulgarians expressed their expectation for governmental action to address the soaring cost of living
European Wage Growth Slows at End of 2023: Bulgaria Outpaces EU Average
Data released by Eurostat reveals a notable deceleration in wage growth across the European Union (EU) and the eurozone during the final quarter of 2023
Greek Minimum Wage Set to Increase to 820 Euros in April
In a move to address economic concerns and improve the standard of living for workers, the Greek government is set to increase the minimum wage by approximately 5%, raising it from the current 780 euros to a range of 820-830 euros
Kiril Petkov on his Citizenship: I Do Not Feel Any Guilt
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
General Mutafchiiski with Special Award from Jewish Community in Bulgaria
Head of the Military Medical Academy (MMA) Major General Prof.
Bulgaria: Prices Will Rise More Steeply than Expected - Finance Ministry
The Ministry of Finance has revised its autumn forecast for economic development.
Three Foreigners Arrested in Bulgaria for Trading Info from Arsenal military plant
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
Caretaker Government Required State-owned Companies to Pay Dividend
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
