Salary

The Bulgarian Parliament finally approved the 2023 Budget in a meeting that started at 9 a.m. yesterday and lasted almost 21 hours.

The financial framework is calculated at a deficit of three percent - on an accrual basis, with the preservation of a large part of the originally proposed capital program.

The new salary system for civil servants to be activated from January 1, 2024, provides for a horizontal increase of 60-70 euros for the 660,000 public sector employees.

According to Finance Ministry officials, it includes fundamental changes in the salaries of civil servants, with raises and the reinforcement of special salaries, especially for those in positions of responsibility.

The Economy Ministry is in a race against time for changes to the civil servants' salary system to be confirmed in the next few weeks and the new provisions to be included in the first omnibus bill.

The lowest salary of Türkiye's civil servants will be increased to 22,000 Turkish Liras, Labor and Social Security Minister Vedat Işıkhan has said.

The government is currently working on civil servants' pay and improvements in pensions, Işıkhan told reporters.

Setting the minimum salary at 950 euros per month, from €780 today, and the average at €1,500 from €1,176.5 in end-2022 and €1,184 in end-May, is one of the key objectives of New Democracy, which is widely expected to win another four-year term in the elections this Sunday.

The new Collective Labor Contract mandatory for all businesses in the country that are active in the food and food service sector and for over 400,000 employees comes into force from Saturday, June 17.

The planning for the new salary system for civil servants, which New Democracy has promised, is oriented toward increases that will exceed 10% for low-paid workers and will be limited to 2-3% for high-paid workers.

Mali further explained the measures presented last night for TV Prva.
"It is about a set of measures that are primarily aimed at raising the standard of living of the citizens of Serbia. And in conditions that I would say are the conditions of the biggest, most difficult economic crisis, global economic crisis ever," he said.

The competitiveness of the Greek economy has for too many years relied on the contraction of salaries. Now the country has, thankfully, entered a new phase and employment is going up. 

With the new increase in the minimum wage to 780 euros gross and the drop in unemployment, a view across private sector payrolls in 2023 would show that about half of the country's workers will be paid gross earnings of €700-1,000 - i.e. up to €820 euros net.