Minimum wage

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

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.

The Government endorses the increase of minimum wage, but it doesn't want this increase to cause "negative economic consequences," Prime Minister Ludovic Orban has said on Thursday, adding that he also wishes for pensions to increase, while bringing to mind that the pensions fund has a deficit of more than 2 billion lei at this point.

Turkey has completed the infrastructure of financing model that will help low income groups and minimum-wage earners to buy homes at favorable terms, Treasury and Finance Minister Berat Albayrak has said.

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 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.

Thus, nurses with high school diplomas will have a salary ranging from RSD 45,684 to 49,241, depending on whether they work in a health center, in a ward of a General Hospital or in an ambulance.

Bulgaria has "donated" a workforce worth BGN 40 billion to the European Union. Prof. Boyan Durankev stated to Radio Focus.