Bulgaria is moving forward with its transition to the Euro (EUR), with key changes taking effect on January 1, 2026. To support a smooth transition, the Bulgarian Council of Ministers has announced adjustments to public holidays, minimum wage levels, and upcoming payroll-related changes.
Below is a summary of what’s confirmed so far and what employers should be aware of.
EUR Adoption & Non-Working Days
To ensure an orderly transition to the euro, the Council of Ministers has declared the following non-working days:
December 31, 2025
January 2, 2026
These dates are intended to support administrative, banking, and payroll adjustments related to the EUR rollout, effective January 1, 2026.
New Minimum Wage (Effective January 1, 2026)
As part of the transition, Bulgaria has confirmed new minimum wage amounts, expressed in both EUR and BGN.
Minimum wage levels
Minimum monthly wage: EUR 620.20 (BGN 1,213) - Applies to a full working month
Minimum hourly wage: EUR 3.74 (BGN 7.31) - Based on a standard schedule of 8 hours per day, 5 days per week
These rates will apply to all employees working under standard labor contracts.
Payroll & Social Security: What’s Next
Additional changes are expected as part of the EUR transition, including:
A new maximum social security base
Updated social security contribution rates, including the Pension Fund
However, these updates have not yet been formally adopted. We will share further guidance as soon as official confirmation becomes available.
Employee Action Required: Bank Details
With salaries transitioning to EUR, employees will need to provide bank accounts that support EUR payments.
Our team has already reached out to Bulgarian employees with instructions to update their bank details
Employees should ensure a EUR-denominated account is added to the platform
We recommend completing this update as early as possible to avoid any payment delays once the EUR transition takes effect
Need Help or Have Questions?
If you have questions about:
The EUR transition timeline
Wage or payroll impacts
Required employee actions
Our Support Team is happy to help and will continue to share updates as more information becomes available.
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