Bulgarian Govt Vows to Up Minimum Wage in Jan 2014

Business » FINANCE | September 30, 2013, Monday // 15:45
Bulgaria: Bulgarian Govt Vows to Up Minimum Wage in Jan 2014 Hasan Ademov, Bulgarian Minister of Labor and Social Policy,. Photo by BGNES

Hasan Ademov, Bulgaria's Minister of Labor and Social Policy, has confirmed that the government intends to increase the minimum monthly wage in the country to BGN 340 (EUR 173) on January 1, 2014.

The minimum wage in Bulgaria is currently BGN 310.

Ademov has also told the Bulgarian National Radio that the government considers upping the monthly payment for raising children aged between 1 and 2 years to BGN 340.

He said the government will seek to reestablish the so called “Swiss rule” for the annual indexation of pensions.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: minimum wage, retirement pensions, Hasan Ademov, Bulgaria
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria