Confederation of Labor

Bold Moves: Bulgaria Targets 5% Wage Hike in 2024 Budget Plan

The Bulgarian government has unveiled its ambitious plan for the 2024 budget: a minimum 5% real wage growth, matching the projected inflation rate. This bold move was the central theme of a recent high-level meeting, which saw Prime Minister Nikolai Denkov and Finance Minister Asen Vassilev engage with trade unions to chart a course for the country's fiscal future.

Bulgarian Trade Unions mark May 1 with a March, a Concert and a Blockade in Sofia

KNSB and Confederation of Labor "Podkrepa" will celebrate Labor Day and international workers' solidarity with a series of different events. Among them are a blockade of a key intersection, a procession and a concert in the capital. In this way, unions will send messages for higher incomes, safe and healthy working conditions, and a just energy transition.