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Bulgaria's Council of Ministers building, photo by BGNES
Bulgaria’s government has adopted a decree confirming the minimum wage rate of BGN 360 as of January 1, 2016 and the planned hike to BGN 380 as of July 1, 2016.
The decree comes in response to the motives presented in the ruling of the Supreme Administrative Court (VAS) from May 20.
On May 20, VAS revoked a decree of the Council of Ministers from December 2014 on the minimum wage rates in 2015.
VAS stated that the National Council for Tripartite Cooperation had not been consulted about the minimum wage hikes envisaged in the decree.
The Bulgarian government has finalized the minimum wage for 2026, setting it at 1,213 leva (620.20 euros) per month, effective January 1
In Sofia, unemployment benefits remain above the minimum wage
The minimum wage in Bulgaria will rise to 620 euros, equivalent to 1,213 leva, starting January 1, 2026
The National Council for Tripartite Cooperation (NCTC) in Bulgaria once again failed to reach a consensus on the country’s minimum wage for 2026
Stoyan Panchev, economist at the Expert Club for Economics and Politics, expressed confidence that loan interest rates in Bulgaria are unlikely to rise following the country’s entry into the eurozone
Bulgaria has ranked third among European Union countries in terms of minimum wage growth over the past decad
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
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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