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Bulgaria's Prime Minister, Boyko Borisov (l), and Interior Minister, Tsvetan Tsvetanov (r), holding their heads during the opening of the 8th Congress of the labor union "Podkrepa." Photo by BGNES
There is a proposal to increase minimum monthly wages in Bulgaria by BGN 30, beginning July 1, Social Policy and Labor Minister, Totyu Mladenov, informs.
Mladenov spoke Tuesday during the 8th Congress of the trade union Confederation of Labor (KT) "Podkrepa" (Support), held at the National Palace of Culture in the capital Sofia.
According to the Minister, about 128 000 Bulgarians received minimum wages, meaning the increase would cost the State treasury BGN 3 M. Negotiations are to begin on March 31.
The trade unions recently asked for a BGN 50 increase. The current minimum monthly wage is BGN 240.
On the other recent, hot topic, Mladenov declared before the Congress' delegates the cabinet will continue its fight against disloyal businesses delaying payment of salaries and appealed to all 3 000 employers to be unwavering against those who tarnish their name.
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The Confederation of Independent Trade Unions in Bulgaria (CITUB) has announced plans for a series of mass protests over budget-sector salaries, more than two months after the adoption of the extension budget
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GERB is set to hold a reporting and election national assembly on March 22 in Sofia, marking the start of the campaign for the early parliamentary elections scheduled for April 19
On Monday, Delyan Dobrev, chair of the parliamentary Budget and Finance Committee, former minister and long-standing figure in GERB, is expected to submit a request to withdraw both from the party’s Executive Committee and from parliament
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Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
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