editorial partner Liberte! Friedrich Naumann Foundation

labor market

Bulgaria’s New Minimum Wage Mechanism Needs Urgent Repair
Economy
Bulgaria’s New Minimum Wage Mechanism Needs Urgent Repair
At the end of last week, the current proposal for changing the minimum wage level was published. It is interesting for several reasons, mainly because, for the first time, the new mechanism for determining the minimum wage is applied, linking it to the dynamics of the average wage. This, in the context of high inflation and the subsequent rapid growth of wages, leads to its largest nominal increase in the last two decades.
Infusion of Young
Economy
Infusion of Young
For Slovakia, in particular, as the extremely strong generation of \"Husák\'s children\"* does not have a sufficient population replacement and will start to put a major strain on the health and pension systems in the coming decades.