Update: Prime Minister Rumen Radev has denied that the minimum wage will be frozen, directly contradicting earlier reports that the €620.20 level would remain unchanged until 2028. In response to media claims, he said the issue will be revisited during the 2027 budget review, when social partners in the tripartite format are expected to discuss a new mechanism for determining the minimum wage. “So no, it will not be frozen,” he clarified.
Radev also linked the clarification to broader fiscal and regulatory planning, noting that the government is still working on the framework that will define wage setting beyond 2026. He added that any final decision will depend on consultations between employers, unions, and the state, rather than a pre-set multi-year freeze.
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The Radev government has decided to keep the minimum wage unchanged at €620.20 for the entire period from 2026 to 2028, according to instructions sent by Deputy Prime Minister and Finance Minister Galab Donev to cabinet members during the preparation of the 2026 budget, as reported by Sega and BGNES. The move effectively suspends the current Labor Code formula, which normally links minimum wage growth to 50% of the average salary based on available annual data, with the new level usually set by September 1 each year.
