SOCIAL SECURITY CONTRIBUTIONS
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Finance Minister Says Employers Will be Forced to Freeze Gross Wages
Romania's finance minister Ionuț Misa said Tuesday the government plans to “freeze” gross wages temporarily, while it transfers payments due on social security from employers to employees.
Deloitte: Romania Has 7th Biggest Cost Of Social Security Contributions In Europe
Romania has the 7th biggest cost of social security contributions among EU member states, after the cap was removed from the basis of calculation as of 1 February 2017, according to a study...
Romania Has Heaviest Social Security Burden In CEE - Report
Romanians pay the highest social security contributions in the Central and Eastern Europe, a report from the World Bank showed Friday.
PM: Social Contributions To Be Cut By 5 Pct As Of 2H/2014 If Government Finds Resources
Romania will reduce social security contributions by 5 percentage points in the second half of 2014 if the Government finds by July 1 the financial resources needed to offset the measure's i...
Tanasescu, IMF: Budget Can Take A Social Security Cut, But We Cannot Risk Slippage In 2012
A cut in social security contributions, or CAS, is being considered in the government's letter of intent to the International Monetary Fund, but will be conditional on the performance of bud...
Romania Needs More Data Before Cutting Social Security Taxes - IMF
Romania and the International Monetary Fund have agreed to wait for additional fiscal data before deciding on a potential cut in social security contributions, IMF mission head Jeffrey Frank...
Romania Looking To Lower Social Security Taxes - Fin Min
Romanian Finance Minister Gheorghe Ialomitianu on Thursday said the ministry considers reducing the social security contributions paid by employers to relax labor market conditions.