Balgarianovinite.com Holding the first round of talks, the government, unions and employers agreed that a new mechanism will be set in place in 2027 for calculating the minimum wage, the Ministries of Finance and Labour said Tuesday. The talks were hosted by the Finance Ministry.
Participating in the workgroup were Finance Minister Galab Donev, Labour and Social Policy Minister Natalia Efremova, the Confederation of Independent Trade Unions in Bulgaria, the Podkrepa Labour Confederation, the Bulgarian Industrial Association, the Association of Industrial Capital in Bulgaria, the Confederation of Employers and Industrialists in Bulgaria and the Bulgarian Chamber of Commerce and Industry. There were also officials of the National Statistical Institute.
All sides agreed on the criteria to be used in calculating the minimum pay: purchasing power of the minimum pay, cost of living, the general pay level and distribution, the pace of wage increase, and long-term labour productivity, said the Finance Ministry.
The participants in the meeting agreed to meet once in four years to assess the adequacy of the minimum wage.
The Finance Minister is quoted as saying at the start of the meeting that a minimum wage mechanism needs to be set in place urgently, to comply with the EU minimum wage directive and Convention 131 of the International Labour Organizatioin.
The Labour Minister said that each stage of the procedure will include consultations with the unions and the employers.
On July 24, 2026, Parliament decided that a new minimum wage formation mechanism would need to be set in place and that until its adoption the 2026 minimum wage of EUR 620 would remain valid. Cabinet, Employers, Unions Agree on Criteria for Calculating Minimum Wage for 2027 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-08-11 13:10:11 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law