Bulgaria Records Lowest Wages in EU

BusinessEconomy ♦ Published: October 8, 2012; 23:00 ♦ (Vindobona)

Bulgaria´s GDP per capita only comes to 45% of the EU-average, Eurostat says.

Bulgaria Records Lowest Wages in EU / Picture: © Vindobona.org

At the moment, Bulgaria has the lowest income per head among the EU members. The average monthly salary before tax only reaches 25% of the EU-average.

This is partly due to the fact that 30% of the employed Bulgarians work part time. As a result, they only receive about the half of the normal salary. What is more, 27% of the fulltime workers earn a net salary that is 67% less…