Minimum wage

Between 600,000 and 800,000 Are the People in Bulgaria Who Work but Can't Fend for Themselves

Between 600,000 and 800,000 are the working poor in Bulgaria according to various estimates. These are people who cannot fend for themselves with the money they receive, Social Minister Biser Petkov commented to Nova TV. He hastened to add that, however, wages are steadily increasing and the minimum wage set for next year is BGN 610.

The Amount of the Minimum Wage Remains Unchanged

The state, business and trade unions will not agree on a mechanism for raising the minimum wage this year, which means that the amount of BGN 610 in force will enter into force in 2020.

This was made clear by the words of Temenushka Zlatanova, head of the Department of Life and Demographic Policy at the Social Ministry.

PM Dancila: Romania's economy, on upward trend and to continue to grow at a high pace

Romania's economy is on an upward trend and will continue to grow at a high pace, according to the first results published by the National Institute of Statistics regarding the economic activity in March and the first quarter of this year, Prime Minister Viorica Dancila said on Tuesday.

AHK Romania's Anastasiu: Business people not the state, main culprits for lack of workforce

The business people and not the state are the main culprits for the lack of workforce in Romania, because we have become accustomed to waiting to be given, Dragos Anastasiu, president of the Romanian-German Commerce Chamber (AHK Romania) at the first edition of Working Romania told on Tuesday a speciality conference.

Frans Timmermans Calls For a European Minimum Wage

This can reduce the growing polarization between the rich and the rest, he thinks, quoted by NOVA TV. 

Frans Timmermans, the Socialist candidate for the European Commission's presidency, defended the idea of ​​introducing a minimum wage in Warsaw in all member states. This, in his words, can reduce the growing polarization between the rich and the rest.

The President of Venezuela Raises the Minimum Wage

The new minimum wage covers only 1/10 of the cost of basic food products, reported NOVA TV. 

Venezuelan President Nicolas Maduro doubled the minimum wage to the equivalent of about $ 8 per month in a situation of hyperinflation and a strong devaluation of the Bolivar national currency, France's press reported, quoted by BTA.

Trade Union CITUB: Bulgaria Remains the Poorest Country in the EU

Although for the last 10 years the average wage in Bulgaria has grown by almost 90% and the minimum - by 180%, Bulgaria remains the poorest country in the European Union and the inequalities between people continue to deepen. This picture was presented by the President of CITUB Plamen Dimitrov at a conference on social rights.

Consul Hans E. Tischler: German companies feel good in Transylvania, want to stay

German Consul Hans E. Tischler said on Thursday that the German investors in Transylvania intend to maintain their businesses because they feel good here. Hans E. Tischler said he visits very often German companies in all of Transylvania and finds that German companies still feel good here and want to stay.

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