Minimum Wage Hike on the Horizon for Bulgaria in 2025

Starting from January 1, 2025, Bulgaria aims to raise its minimum wage to at least BGN 1,080 (EUR 552), a significant increase from the current BGN 933 (EUR 477). This announcement was made by Luboslav Kostov, Chief Economist of the Confederation of Independent Trade Unions of Bulgaria (CITUB), during a forum organized by trade unions to discuss the new European directive on minimum wages, as reported by BNR.

The decision to increase the minimum wage comes as a result of changes in the Labor Code, which stipulate that the minimum wage should constitute 50% of the national average....