Bulgaria Has EU's Lowest Minimum Wage - Eurostat

Brussels, February 26 (BTA) - At 184 euro, Bulgaria had the
lowest minimum monthly wage in the EU as of January 1, 2015,
Eurostat said on Thursday. Luxembourg topped the table with
1,923 euro.

The disparities in minimum wages across the EU States are
considerably smaller once price level differences are
eliminated: minimum wages in those Member States with relatively
lower price levels become relatively higher when expressed in
purchasing power standard (PPS ), and relatively lower in those
Member States with higher price levels. The gap in minimum wage
rates between the EU Member States was reduced from a ratio of
1:10 in euro to a ratio of 1:4 in PPS, ranging from 380 PPS per
month in Bulgaria to 1,561 PPS in Luxembourg.

Compared with 2008, minimum wages in 2015, expressed in national
currency, increased in every Member State having a national
minimum wage, except Greece where they dropped by 14 per cent
and Ireland where they remained unchanged.

The highest increases between 2008 and 2015 were registered in
Romania (+95 per cent), Bulgaria (+64 per cent), Slovakia (+58
per cent) and Latvia (+57 per cent).