minimum wage

Despite the festive mood in December, EKIP experts again actively participated in the public debate on topics such as healthcare, the 2019 budget, and freedom of speech. The month began with the participation of EKIP Editor-in-Chief Georgi Vuldjev in the show “Q&A with Klara Marinova”, where he commented on the economic factors behind the November protests, political stability, …

Author: Martin Tarpev From January 1, 2019, the state made a gift to lower-skilled workers by increasing the minimum wage to 560 leva. Many people are accepting this measure with applause, which on a more abstract level seems normal. Who doesn't want to receive more money? Beyond rosy economic dreams …

At the end of last year, the cabinet proposed that the minimum wage in Bulgaria be increased to 510 leva in 2018. The administrative increase in the minimum wage is a frequently used tool by the state to "fight poverty". In practice, however, this increase has a negative impact on employment and the investment climate. …

A European Central Bank[1] (ECB) survey of more than 8,079 companies from EU Member States in Central and Eastern Europe (CEE)[2] aims to understand how increases in minimum wages (MW) are affecting businesses in these countries. 456 Bulgarian companies were asked what …

In 2016, industrial robots won the presidential election of the world’s largest economy for Donald Trump. No, artificial intelligence has not yet reached a level where it can consciously make decisions on its own (including in the field of politics), nor have concerned activists influenced R2D2[1] or its more primitive …

By John McDermott, MEL Magazine A few weeks ago, researchers at the University of Washington published a new study that found Seattle’s attempts to improve the economic prospects of the city’s working class have backfired. Seattle is one of many U.S. cities that are gradually raising the minimum wage to $15 an hour in …

Recently, the claim that the minimum wage (MW) in our country is too low has been widely circulated in the Bulgarian public space. Interestingly, Bulgarian citizens themselves clearly believe that this is not the case, and the MW level should grow in proportion to the growth of the economy (as is the case with all other levels …

The most notable (and frightening!) part of the election campaign so far has been the unprecedented escalation of populist economic promises from parties that have already announced some of their economic programs. Almost all parties are pushing each other to propose "solidarity" economic policies, which would have very negative consequences for both the state budget and...

The minimum wage (MW) has been an extremely hot topic lately. After yet another increase in the minimum wage threshold to 380 leva at the beginning of the month, we recently learned that a draft of the Council of Ministers proposes that the minimum wage level be fixed between 35% and 55% of the average. We often hear complaints about …

Don't believe that raising the minimum wage hurts real people? After March 31, a famous science fiction bookstore on Valencia Street in San Francisco's Mission District will no longer be able to satisfy your fantasy tastes: "The change in the minimum wage will mean that our costs ...