Bulgaria's Euro Adoption Expected to Accelerate Wage Growth, Economists Predict
Bulgaria’s upcoming adoption of the euro in 2026 is expected to significantly accelerate wage growth
The industrial federations of Podkrepa Confederation of Labour and the Confederation of Independent Trade Unions in Bulgaria (CITUB) are launching a national petition for increase of the pay for night time work, BNT reported.
Podkrepa and CITUB also insist that night time work rate to be linked to the minimum wage. They insist that the accumulated calculation of the working time should be applied only to production facilities with a constant technological regime of work.
The trade unions hope to collect around 100,000 signatures by Christmas.
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
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On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase