Starting January 1, the Minimum Wage in Bulgaria Increases to BGN 610

Business » FINANCE | December 19, 2019, Thursday // 11:00
Bulgaria: Starting January 1, the Minimum Wage in Bulgaria Increases to BGN 610

The minimum wage will rise to BGN 610 from January 1, 2020. Its amount will increase by BGN 50 or 8.9% compared to this year, the government decided.

The economic development, sustainable GDP growth, an increase in the number of employees and a reported increase in the national average wage contribute to the increase in the minimum wage to BGN 610.

The proposed new minimum wage of BGN 610 will have a beneficial effect on domestic demand, employment and the standard of living of the part of the workforce with the lowest income.

Starting January 1, the minimum hourly wage will be BGN 3.66.

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

Finance » Be a reporter: Write and send your article
Tags: minimum wage, Bulgaria, increase

Bulgaria news (Sofia News Agency - 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." (Sofia News Agency - 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