National Tripartite Cooperation Council

After the Tripartite Council Meeting: Fuel Law Postponed for Six Months

A dramatic three-hour ad-hoc meeting of the National Tripartite Cooperation Council (NCTC) was held on 8th of January to discuss the sharp rise in the price of electricity for the industry. It was attended by almost half of the cabinet ministers; trade unions and employers.

Tripartite Council will Discuss the Minimum Wage for 2018.

The National Tripartite Cooperation Council will discuss the minimum wage for 2018, unemployment benefits, and changes to the Pensions and Insurances Act.

An increase in the minimum wage from 460 to 510 leva foresees the budget for the next year. The increase in the minimum insurance income will be 3.9%.

Businesses are opposed to the increase, trade unions define it as low.