Labour law

Aiming for good jobs

The increase in the minimum wage is a positive development. The value of labor was one of those areas that took the brunt of the internal devaluation during Greece's economic crisis. 

But cultivating an economic environment that will create high-paying jobs requires much more complex and painstaking efforts.

February's Registered Unemployment Rate In Bulgaria Holds Firm at 5.8%

The press center of the National Employment Agency has released its latest report indicating a steady unemployment rate of 5.8% in the country for February. Holding firm from the previous month, this figure represents 165,585 registered unemployed individuals, marking a decrease of 255 compared to the previous month.

Minimum wage to rise to €830

The government has decided to raise the minimum wage to around 830 euros gross and €705 net as of April 1. Labor Minister Domna Michailidou submitted her proposal to the cabinet secretariat on Friday, with the final decision to be announced next Wednesday by Prime Minister Kyriakos Mitsotakis.

Ongoing discussion on minimum wage increase

Discussions are underway this Sunday for the new minimum wage increase, effective April 1.

Initiated on February 5, the process involves consultations scheduled to conclude by March 22, presenting recommendations to set the minimum wage. 

This marks the fourth consecutive increase by the government, from 650 euros in 2019 to €780 in April 2023. 

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