site.btaBulgarian Industrial Association Says Minimum Wage Should Be 43% of Average Wage at Most

Sofia, November 20 (BTA) - The Bulgarian Industrial Association (BIA) says the minimum wage should be no higher than 43 per cent of the average wage. They released a position paper Monday on a draft framework agreement on the procedure for determining the minimum wage.

BIA argues that the proposed ceiling setting the minimum wage in the range of 40 to 50 per cent of the average wage goes well over the ratio in the 22 EU member states applying a minimum wage (41-42 per cent).

This is why BIA wants the highest possible ration to be set at 42-43 per cent.

BIA says that up-to-date annual statistics needs to be provided from the National Revenue Agency database about the median and average wage, and the number of employed persons during the previous year, including detailed breakdown by municipalities and regions.