Bulgaria's Average Wage 'to Top BGN 1000 This Year'

Business | January 24, 2017, Tuesday // 11:19|  views

Vasil Velev, the head of Bulgaria's industry group BICA. File photo, BGNES

The national average wage will go beyond BGN 1000 in 2017, Vasil Velev, the head of the Bulgarian Industrial Capital Association (BICA), has said.

Bulgaria is also the country where incomes have grown at the fastest pace over the past 10 years compared to the rest of the EU, Velev has told the Bulgarian National Radio.

Incomes will also jump 5-6% this year, he has predicted.

National statistics suggested late last year the average monthly wage was BGN 937 at the end of 2015.

A member of the EU since 2007, Bulgaria, however, is also known as the bloc's poorest country.

The minimum wage is currently BGN 460, as of January 01.

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Tags: BICA, Vasil Velev, average wage


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