Minimum wage
Caracas raises minimum wage despite high inflation
Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but crisis-stricken nation.
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Turkey raises minimum wage around 14 percent to 1,603 liras
Turkey will increase its minimum wage by around 14 percent in 2018, for a monthly minimum wage of 1,603 liras ($423.30), Labor Minister Jülide Sarıeroğlu said on Dec. 29.
Putin Signed the Increase in the Minimum Wage
Russian President Vladimir Putin has signed a law on raising minimum wage (MLP) to the minimum living level, transmits news.bg by referring to TASS. The document was published on the official legal information page on Friday.
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Return of pledge to raise minimum wage
As 2018 draws nearer, the government has repeated one of its main election promises that brought leftist SYRIZA to power in 2015, as Labor Minister Effie Achtsioglou left open the possibility of an increase in the minimum wage as soon as Greece emerges from its bailout program in August.
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Ryanair to Face Select Committee Investigation Over Working Conditions
Ryanair will be investigated by two parliamentary committees after allegations about employee working conditions, including that the airline has been "trying to wriggle out" of paying its staff the national minimum wage./ the Guardian
Officially: Minimum Wage is Going to be BGN 510 From January 1, 2018
The minimum wage is going to be BGN 510 from January 1, 2018. MPs decided today. This is an increase of 10.9% compared to the current year./bTV
Tripartite Council will Discuss the Minimum Wage for 2018.
The National Tripartite Cooperation Council will discuss the minimum wage for 2018, unemployment benefits, and changes to the Pensions and Insurances Act.
An increase in the minimum wage from 460 to 510 leva foresees the budget for the next year. The increase in the minimum insurance income will be 3.9%.
Businesses are opposed to the increase, trade unions define it as low.
The National Council for Tripartite Cooperation Discusses the Minimum Wage Today
The National Council for Tripartite Cooperation will have meeting today to discuss a project to set a new minimum wage for 2018, reported bTV.
The updated mid-term budget forecast for the period 2018-2020 provides an increase in the minimum wage from BGN 460 to BGN 510 from January 1, 2018, to BGN 560 from 1 January 2019 and to BGN 610 from January 1 2020 year.
Scientists from the Bulgarian Academy of Sciences are Protesting Again
Scientists will protest against the budget of the Bulgarian Academy of Sciences for 2018. As a sign of dissatisfaction black flags will be launched from the windows of the building of the institution, reports investor.
Proposal: BGN 510 Min Salary From January
BGN 510 minimum salary from January - this proposal has already been uploaded for public discussion. The Cabinet is about to decide, reported bTV.
According to Social Minister Bisser Petkov, the growth of nearly 11% will stimulate labor market activity, increase the incomes of the lowest paid and increase purchasing power.
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