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 Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgarian Financier: Adoption of the Euro will Not Raise Prices
- » Bulgaria’s National Bank increased the Main Interest Rate for February
- » Financier: In Bulgaria, We’ve been Using Euro, which is called Lev, in a ratio of 2 to 1 for 25 Years Now
- » Bulgaria’s National Bank Withdraws Old Banknotes with Denomination of BGN 20 from Circulation – Check Where You can Change yours!
- » According to Deputy PM, it is Still Realistic for Bulgaria to Adopt the Euro in 2024
- » Facts about Crude Oil that Every Trader Should Know