salaries
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Politicians Play Ping Pong With Public Sector Workers’ Wage Raises
High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the...
Ponta Hopes IMF Will Accept Public Sector Wage Raises
Romania's Prime Minister-designate, Victor Ponta, said Thursday that salary raises for the public sector are included in the government program, adding that he hopes negotiations with the IM...
190,000 Romanians Earn More Than EUR1,000/Month
Almost 190,000 Romanians were earning more than 5,000 lei (over EUR1,140) in gross salary in October 2011, almost as many as in October 2008, even though the total number of employees went d...
Highest Known Salaries Of Listed Companies’ Executives
Every year when multinational companies publish annual reports, rankings are compiled about the highest-paid executives. ZF has tried to make a ranking of the salaries of the executives of t...
Government Informs EU Of Plan To Raise Public Sector Wages This Year
Romania's Government has informed the European Commission that it will raise public sector salaries this year to their level before the cuts in 2010, leading to a slight increase in personne...
Isarescu: Public Sector Pay Hikes Won’t Hurt If Budget Targets Are Met
The restoration of public sector wages in Romania could lead to a gradual restoration of internal demand and it should not cause too much stir if budget targets agreed with the International...
Three Quarters Of Public Job Cuts Done By Retirement
Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as t...
What Businesspeople Have To Say About Raising Public Sector Wages
Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of t...
Dragoi: Public Sector Wage Restoration Would Need RON2B Yearly
A 16% increase in public sector wages starting June would have an impact of 2 billion lei (EUR459 million) per year, Romania’s Finance Minister Bogdan Dragoi said Friday.