PUBLIC SECTOR
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Basescu: Pensions, Public Sector Wages Will Not Be Cut In 2012
Romanian President Traian Basescu said Monday that pensions would not be reduced or additionally taxed, and that public sector salaries would not be cut in 2012.
Parliament Adopts Bill Putting Off Payment Of Wage Rights Won In Court For 2016
Romanian lawmakers on Wednesday adopted a bill that allows the Government to postpone until 2016 payments of salary rights public sector employees have won in court.
Inefficient Administration Causes Romania EUR1.3 Billion Losses Every Month
The flawed state management translates into losses of EUR1.3 billion each month (EUR18 billion per year) as Romania lacks three main abilities: the skill to attract EUR400 million that it sh...
Public Sector Court-Won Wage Rights To Be Paid In Tranches Until End-2016 - Draft
The Romanian Chamber of Deputies committee for the budget decided Wednesday to extend the payment period for wage rights won in court by public sector employees until December 31, 2016, from...
Boc Says Public Wage Rights Kept Intact This Year
Romania's fiscal strategy was agreed upon with the EU and IMF, and does not affect current public wages or pensions, but the value of these payments in 2012 will be set through next year's b...
Basescu Supports Government’s Fiscal Strategy, Says Country Needs More Public Sector Layoffs
Romanian president Traian Basescu said Friday he supports the Government’s recently adopted fiscal strategy, adding Romania would default if it keeps borrowing money to pay wages and pension...
Fiscal Strategy: Government Keeps Public Sector Hiring Frozen, Halts Bonuses, Overtime Until 2014
Romanian public sector employees will receive no vacation, gift or meal vouchers until 2014, no bonuses until 2013 and will be rewarded for overtime with free hours only, according to the Go...
Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head
Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday.
Salaries Bounced Back Quicker In The Private Sector
The salaries of the 1.2 million people working in industry, a sector mainly made up of private companies, rose by 6% in the May 2010-May 2011 period, a sign that the steps to slash costs bus...