Cause and Effect in European Politics and Law

The minium wage in Bulgaria remains 240 levs

euinside, December 29, 2009

The minimum salary in Bulgaria will remain 240 levs (123 euro) in 2010, the National Council for Tripartite Cooperation decided on Monday at its regular session. The Council represents the trade unions, the government and the employers' organisations. The minimum hourly wage will also be kept unchanged at 1.42 levs per hour, given the working day is 8 hours and the working week - 5 days. The members of the Council were unanimous that in times of crisis keeping the minimum wage would be better to avoid an increase of unemployment rates. Without providing a specific forecast the deputy prime minister and minister of finance Mr. Simeon Dyankov said he hoped for economic growth in 2010 which would help increase wages in Bulgaria.