Income distribution

Hossu (Cartel ALFA): There will be street protests if Gov't does not raise minimum wage

A decision of the Government to not raise the minimum wage by 100 RON from January 1, 2020 would give the impression that the current Government is disinterested in the situation of the citizens and much more interested in satisfying employers, and the consequence of such a decision would be organizing street protests, said, on Wednesday, for AGERPRES, the chairman of the Cartel ALFA National U

PM Orban on minimum wage increase: Certain degree of urgency, business environment must know in time

Prime Minister Ludovic Orban said on Monday that "there is a certain degree of urgency" regarding the adoption of the decision to increase the minimum wage, specifying that it should be taken by the end of November, the beginning of December, at the latest, so that the business environment knows in time.

PM Orban about minimum wage increase: We will make decision based on serious effect analysis

Prime Minister Ludovic Orban stated on Tuesday that the Executive will make a decision regarding increasing the minimum wage following an analysis of the effects of this measure, underpinned by objective economic indicators and following consultations with social partners, employers' associations, trade unions, civil society.

The Government Expects a BGN 1,600 Average Salary in Three Years

The average salary in Bulgaria is expected to reach about BGN 1500 in 2021, when the term of the Borissov 3 government office expires. This is recorded in the updated mid-term budget forecast, which is the motive for the draft budget for next year, which was released by the Ministry of Finance late Friday.

The Minimum Wage for 2020 - 1000 BGN?

The Confederation of Labour Podkrepa will ask for a minimum wage of 1000 BGN to be set in the budget for 2020, since this minimum wage currently corresponds approximately to the labor productivity. This was stated by the economic adviser of the trade union Vanya Grigorova, who participates in a forum for the rights of posted workers, organized by the trade union, BTA reported.

Troubled firms may be let off from labor contracts

The leadership of the Labor Ministry is considering introducing an "exemption clause" for the obligatory implementation of a sector-specific collective labor contract for companies on the verge of shutting down. It is possible that such a regulation will be included in the draft law for investment incentives to be tabled in Parliament this week.

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