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WAGES

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Romania Average Net Wage Up 0.3% To RON1,472 In February
Macroeconomics

Romania Average Net Wage Up 0.3% To RON1,472 In February

The average net salary in Romania rose 0.3% on the month, 1,472 lei (EUR336) in February, from RON1,467 in January, statistics institute INS said Wednesday.

Andrei Cîrchelan · 04.04.2012 · 10:09 · 1 min
The Economist Tells Romania's Government: You’ve Got No Money To Raise Wages
Macroeconomics

The Economist Tells Romania's Government: You’ve Got No Money To Raise Wages

Achieving the deficit target of 1.9%-2.1% of the gross domestic product in 2012 will entail a freeze in public sector wages and pensions and will not leave room for cuts in VAT or social sec...

Ecaterina Craciun · 02.04.2012 · 00:00 · 1 min
Social/Politics

Romania Would Need EUR700M A Year To Double Doctors’ Wages

Romania could increase funds allotted to healthcare by improving service quality and doctors’ revenues, but would need an annual EUR700 million to double doctors’ salaries, Lucian Duta, head...

Oana Gavrila · 29.03.2012 · 14:45 · 1 min
Basescu And Ungureanu Meet For Talks On Raising Public Wages – Sources
Banks-Insurance

Basescu And Ungureanu Meet For Talks On Raising Public Wages – Sources

Romanian President Traian Basescu met with Prime Minister Mihai Razvan Ungureanu Wednesday at the presidential palace, and one of the issues on the table was a likely public wage increase, a...

Ioana Tudor · 21.03.2012 · 15:49 · 1 min
Romania Ponders New Measures To Revive Consumption, Higher Wages Included
Macroeconomics

Romania Ponders New Measures To Revive Consumption, Higher Wages Included

Romania's government and the central bank are working on a new set of measures aimed to increase domestic consumption, including possible salary increases in the public sector, the executive...

Florentina Dragu · 09.03.2012 · 16:26 · 1 min
Romania FinMin: Government Mulls Higher Wages, But Deficit Target Stays
Macroeconomics

Romania FinMin: Government Mulls Higher Wages, But Deficit Target Stays

The Romanian government is searching for solutions to boost per capita income, but only if the measures don’t affect the budget deficit target for 2012 and they prove financially sustainable...

Florentina Dragu · 09.03.2012 · 13:36 · 1 min
Fitch: Restoring Public Wages In Romania To Raise Deficit Again
Macroeconomics

Fitch: Restoring Public Wages In Romania To Raise Deficit Again

Restoring the public wages to pre-austerity levels in Romania would impact not only the budget deficit, but would likely trigger a series of additional negative effects in the economy, such...

Florentina Dragu · 08.03.2012 · 17:29 · 1 min
Croitoru, BNR: Raising Public Wages To Boost Consumption
Banks-Insurance

Croitoru, BNR: Raising Public Wages To Boost Consumption

Raising Romanian public sector wages, directly or by reducing social security contributions, will prove beneficial, as it will support consumption, but only if the Government finds financial...

Ioana Tudor · 07.03.2012 · 20:14 · 1 min
Ialomitianu: Decision To Hike Public Wages, Pensions Also Depends On Companies’ Profit
Social/Politics

Ialomitianu: Decision To Hike Public Wages, Pensions Also Depends On Companies’ Profit

Romanian Finance Minister Gheorghe Ialomitianu said Friday a decision on increasing public wages and pensions will depend not only on the evolution of state budget revenues, but also on comp...

Ecaterina Craciun · 03.02.2012 · 12:56 · 1 min