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.

Dimitar Manolov, President of the Confederation of Labor "Podkrepa", revealed key insights during a subsequent interview with the Bulgarian National Radio....