The process for the adjustment of the minimum wage will begin in the last 10 days of February, and according to law it must be completed within four months. Discussions have already started within the government, with spokesman Stelios Petsas reiterating New Democracy's election pledge for an increase up to the level of 703 euros per month in the next three years.
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 minimum wage per economy might increase 7.2%, said Prime Minister Ludovic Orban on Tuesday, in a post on the Government's Facebook page. He specifies that, this week, the proposals for the formula for calculating the minimum wage will be finalized. "This week, we will finalize the proposals for the minimum wage calculation formula.
Chairman of the National Liberal Party (PNL) and Prime Minister Ludovic Orban has stated on Monday that the impact study regarding the increase in the minimum wage will be completed this week. "We find that the PSD [the Social Democratic Party] has completely lost the use of reason, the PSD has become a source of systematically spread lies, which have nothing to do with reality.
The Portuguese minority government presented a proposal for the minimum wage to be increased by almost 6% to EUR 635 in the next year. However, the wage remain the lowest in Western Europe, according to Reuters.
Socialist Prime Minister Antonio Costa has pledged an increase of 25 percent to EUR 750 by 2023 at the start of his second term last month.
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