Bulgaria, incomes to reach EU Average within 10 years Deputy PM, in 2017 growth of incomes exceeded 11.5 pc

(ANSA) - SOFIA - Deputy Prime Minister and Foreign Minister Ekaterina Zaharieva forecasted that if the incomes in Bulgaria continue to grow at last year's rate, within ten years these will reach the EU average. She was speaking at the opening of a forum on incomes in the Western Balkan countries, organized by the Confederation of Independent Trade Unions in Bulgaria (CITUB). Zaharieva recalled that in 2017 the growth of incomes in this country exceeded 11.5 per cent, much greater than the average in the EU. CITUB President Plamen Dimitrov said that the incomes in the Balkans do not differ much: as at December 2017, the average net income after taxation was 450 euro in Bulgaria, 456 euro in Serbia, 512 euro in Montenegro, 440 euro in Bosnia and Herzegovina, 387 euro in Macedonia, 456 euro in Kosovo, and around 300 euro in Albania. The incomes were higher only in Croatia and Slovenia, around 800 euro, he added.



The minimum monthly wage is the lowest in Albania (180.52 euro) and Macedonia (239.74 euro), and the highest in Croatia (462 euro). Bulgarians have the lowest minimum monthly wage in the EU (260.76 euro); in comparison, in Luxembourg the minimum wage is 1,999 euro. (ANSA).





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