Olguta Vasilescu: All Public Employees’ Wages Will Increase By 25% As Of January 1, 2018

Labor Minister Lia Olguta Vasilescu told TVR 1 TV station on Monday that all public employees’ wages will increase by 25% as of January 1, 2018, adding that the “pervert effect” of the wage hikes is the fact that more money will be collected to the state budget.

Vasilescu said that the Romanian salary system currently needs RON63.5 billion, plus RON32 billion by 2020, adding that the state budget can manage an increase of RON10 billion per year. (mediafax.ro)

Romania Registers One Of Widest Gender Employment Gaps In EU

Romania registers one of the widest gender employment gap in EU, as the difference between the employment rate of women and that of men aged 20-64 is of 17.6 percentage points, according to Eurostat.

Big gaps were also recorded in Malta (-27.6 pp), Italy (-20.1pp), Greece (-19.0pp), and the Czech Republic (-16.0pp).

In Romania, the employment rate for population aged 20 to 64 stood at 66.3% last year, of which 75% men and 57.4% women. Romania’s employment target for population aged 20 to 64 is 70% in 2020. (mediafax.ro)

President Withdraws Decoration Of Former Siveco President, Irina Socol, Sentenced To Prison For Tax Evasion

Romanian President Klaus Iohannis signed Tuesday the decree for withdrawing the national order of merit of Irina Socol, former Siveco Romania president, as well as the decorations of another two former managers of Romania’s state-owned hydropower producer Hidroelectrica.

Irina Socol, former Siveco Romania president, was sentenced by Bucharest Court of Appeals to two years and six months in prison for tax evasion regarding the sale of IT programs.

The former managers of Hidroelectrica, Eugen Pena and Traian Oprea, were sentenced to five years in prison for abuse of office. (mediafax.ro)

Metrorex To Close Several Subway Pathways For Taxation System Upgrades

Bucharest subway operator Metrorex will close several pathways at Republica, Titan and Nicolae Grigorescu stations, between April 26 – May 5, for the modernization of the taxation system.

Thus, in Republica subway station, Metrorex will close the access ways from Blvd. Basarabiei, Dudesti-Pantelimon road and Titan-Sud station, in Nicolae Grigorescu station, Metrorex will close the pathway from Blvd. Nicolae Grigorescu, and in Titan station, the pathway from Blvd. Nicolae Grigorescu, IOR park.

Metro passengers will be able to use the other available pathways. (mediafax.ro)

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