Bulgaria's Minimum Wage Goes Up as of Next Year

Bulgarian MPs have approved the a new minimum wage that will be introduced on January 01, 2017.

Starting from that day, its value will be BGN 460 (EUR 230), up from the current value of BGN 420.

The new figure had to be approved during the final reading of the state budget, taking place on Thursday, as the lowest wage in the country corresponds to the lowest payment offered to a civil servant by the state administration.

The move initially met resistance from businesses, but the outgoing government promised the figure would remain intact at least through 2019.