PUBLIC WAGES
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Public Wage Law Poses Inflation Risks, Central Bank Says
Romania's public sector wage law poses risks to annual inflation, the central bank warned in its quarterly inflation report released Monday.
Romanian Parliament Adopts Public Sector Wage Hikes
Romania's lower house of Parliament Wednesday adopted a government emergency decree raising wages in the public health care sector by 25%, along with an amendment to give a 10% raise to all...
Ponta Reiterates Second Public Wage Raise Will Be In December
Romanian Prime Minister Victor Ponta reiterated Wednesday that a second raise in public wages will be granted as of December, after IMF mission head Jeffrey Franks said wages would be fully...
New Government To Free Up EUR400M For Consumer Spending And Drive Deficit To 2.2% Of GDP
The gradual restoration of public sector wages and paying back health insurance contributions collected from pensioners could have a negative impact of about 1.7 billion lei (about EUR400 mi...
Basescu “Unreservedly” Backs Restoring Public Wage To Pre-Austerity Levels
Romanian President Traian Basescu told a news conference Sunday he unreservedly supports restoring public wages to pre-austerity levels.
IMF, EU To Allow Romania To Raise Public Wages 8% As Of June
The International Monetary Fund and European Commission have accepted Romanian authorities’ plans to restore public wages to pre-austerity levels gradually, with a first raise, of 8%, to tak...
Romania To Raise Public Wages As Of June
Leaders of Romania’s ruling coalition decided Monday to raise public wages as of June and the Government has yet to decide by how much, democrat liberal MP Mircea Toader told MEDIAFAX.
Basescu Calls On Government To Restore Public Sector Wages As Of June 1
Romanian President Traian Basescu said Wednesday in an address to Parliament the ruling coalition and Government have the duty to restore public wages to the level before austerity cuts, as...