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.

The Tripartite Council is meeting today to discuss the minimum wage for 2025, which, after years of negotiations among businesses, unions, and the government, is now set as a percentage of the national average wage....