Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Unions demand wages increase by more than 1/3 within next 18 months

Photo: Archive

Over the next 18 months, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will insist that the minimum wage should reach 400 euros and the average wage - 871 euros. According to the union, these are completely achievable goals. 
Despite the double-digit wage growth in recent years, figures show that incomes in Bulgaria remain the lowest in the EU. Income inequalities are deepening, with a decreasing number of people concentrating more and more of the total national income. 
In 2000, the richest Bulgarians owned 1.54 billion euros, and now the wealthiest members of Bulgarian society dispose of 12 billion euros of the total income in the economy, according to CITUB. 
According to the National Social Security Institute, the average insurance income for May 2020 is 545 euro.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Scorching Wednesday with afternoon showers expected

Wednesday will start sunny until midday, then cloudy with rain and thunderstorms in northern Bulgaria and the mountains . In the evening, rain is expected in the south-east, with conditions favourable for hail. Minimum temperatures will be between 16 and..

published on 6/11/24 7:05 PM
Rumen Spetsov

Tax authorities are checking companies linked to the co-founder of Velichie party

National Revenue Agency Director Rumen Spetsov announced that he has ordered inspections of the companies of Ivelin Mihaylov, co-founder of the Velichie party and creator of the Historical Park near Varna. "Proceedings have already been initiated on..

published on 6/11/24 5:56 PM

The Faculty of Economics and Business Administration at the Sofia University is now a full member of EFMD Global

The Faculty of Economics and Business Administration at Sofia University "St. Kliment Ohridski" is now a full member of the prestigious network of business schools and corporations EFMD Global. Membership was approved by the organization's General..

published on 6/11/24 5:06 PM