Tripartite Council

Employer Organization Advocates Freezing Pensions and Wages in Bulgaria

The Chairman of the Board of the Industrial Capital Association in Bulgaria (AIKB), Vasil Velev, has suggested a freeze on pensions and salaries for a year. Speaking to BNR, Velev stated that AIKB is firmly against tax increases and instead advocates for wage freezes and layoffs.

PM Citu: Nationwide minimum salary must increase; We decided to have a clear formula by the end of October

The nationwide minimum salary must increase, Prime Minister Florin Citu said at the end of the Tripartite Council meeting, stating that in discussions with trade unions and employers it was decided to agree on a calculation formula by the end of October. "The nationwide minimum salary must increase!