We support the EU’s decision to make the minimum wage at least 50% of the average. This was also our proposal, but it was not accepted by the government. This is what Vanya Grigorova, the economist from KT Podkrepa, said on the air of Nova TV about the idea of making the minimum wage half of the middle wage.
According to Dobrin Ivanov from AIKB, a single mechanism for determining the minimum wage is needed in order to have predictability for business. “The topic of conversation is what the formula will be. We also support this idea,” he said.
Bulgaria is among the 16 EU countries where the monthly electricity bill exceeds the monthly minimum wage. According to data from Ev…
According to Grigorova, there will be two options for raising it in our country. The first is to define a new “basket” of products and services that a person should be able to buy with the minimum wage. The other is to assume it is 50% of the national average or 60% of the median wage, which is a more accurate measure of income.
Ivanov commented that the EU gives the opportunity to negotiate the new minimum wage and, if no agreement is reached, to seek a percentage of the average or median wage.
According to Grigorova, the topic of the minimum wage is becoming a chewing gum for election campaigns. “We should not turn such a fundamental indicator into a bargaining chip,” she said.
MORE: The European Parliament decided: The minimum wage should be at least 50% of the average
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