budget

Romania’s ’09 Budget Is Illegal, Immoral, Top Secret – Opposition VP

17:02, 01 Feb. 2009
Romanian Liberal Party vice-president Eugen Nicolaescu said Sunday during a press conference that the 2009 state budget draft was illegally approved, is immoral because it doesn’t keep promises made during elections, and is also top secret.

Romania Estimates To Collect RON13.44B In Tax Per Pft This Year

16:01, 01 Feb. 2009
Romania estimates to collect 13.445 billion lei (EUR1=RON4.2775) this year from the tax per profit, up 3.19% compared to 2008, and banks will contribute RON750 million, 6.95% more than last year.

Romanian Employees’ Social Insurance Contributions Upped To 10.5% Of Gross Wage As Of Feb

19:25, 31 Ian. 2009
Social insurance contributions paid by Romanian employees will increase by one percentage point as of Feb 1, to 10.5% from 9.5% of the employee’s gross monthly income, and employers will pay 20.8% to 30.8% of their employees’ gross income.

Romanian ’09 Budget Def At RON18.8B, Pensions Budget Surplus At RON221M

18:51, 31 Ian. 2009
Romania’s state budget revenues are estimated this year at RON75.6 billion and expenses at RON94.5 billion, with a deficit of RON18.8 billion, while the estimate for the social insurance budget for the public pension system indicates a surplus of RON221 million.

Romanian Healthcare Employees Might Protest After Feb 10 Over Wage Demands

14:34, 30 Ian. 2009
Romanian healthcare unionists threatened to trigger protests after Feb 10, as they are not happy with the government’s offer to hike their wages by only 5% and cut all bonuses, union leader Marius Petcu told MEDIAFAX.

Romanian Devt Min ’09 Budget Up 20% On Yr, At RON3.7B

13:23, 30 Ian. 2009
Romania's Ministry of Development, Public Works and Housing, or MDRL, will have a 3.74 billion lei (EUR1=RON4.2314) budget in 2009, up 20% on the year, minister in charge Vasile Blaga said Friday.

Staff Spending To Drop From 8.4% To 7.5% Of The GDP – Romanian Fin Min

21:13, 29 Ian. 2009
Staff expenses will drop from 8.4% of the Gross Domestic Product to 7.5% of the GDP in 2009, while spending on the procurement of goods and services ill drop by 1.5 percentage points, from 6.5% of the GDP to 5% of the GDP, said Romanian finance minister Gheorghe Pogea.

Romanian Govt Allots 20% Of ’09 Budget Spending For Invest – Sources

17:11, 29 Ian. 2009
Romania's Government decided in Thursday’s meeting to assign 20% of the 2009 budget spending for investments, mainly in infrastructure, governmental sources told MEDIAFAX on Thursday.

Romanian Education Min Budget Reaches 6% Of GDP – Sources

16:36, 29 Ian. 2009
The budget of the Romanian ministry of Education has been set by the Government at 6% of the gross domestic product, official sources told MEDIAFAX.

Romanian Education Min Budget Higher Than 5% Of GDP In ’09

14:03, 29 Ian. 2009
The budget held by the Romanian Ministry of Education in 2009 will be higher than 5% of the GDP, but it is not certain to reach the legally provisioned 6% of the GDP, according to a consensus between the leaders of the government coalition, political sources told MEDIAFAX.

Romanian President Wants State Budget Adopted Thursday – Union Leader

09:59, 29 Ian. 2009
Marius Petcu, head of National Confederation of Free Trade Unions in Romania - CNSLR Fratia said Wednesday that Romanian President Traian Basescu explicitly asked for the 2009 state budget to be adopted Thursday.

Romanian Governing Coalition Found Ways To Up Low Wages, Pensions – Social Democrat Leader

09:44, 29 Ian. 2009
Romanian social democrat leader Mircea Geoana said Wednesday night after a coalition meeting that the government will make a decision regarding pensions and wages on Thursday, adding a “reasonable” solution was reached to allow increases.

Romanian President Pushes For 6-Mo Moratorium On Wages, Pensions – Unionists

19:10, 28 Ian. 2009
Romanian President Traian Basescu and social partners discussed a possible six-month moratorium on wages and pensions, alongside freezing salary bonuses, trade union officials said Wednesday.

Talks Between Romanian Govt, Social Partners On ’09 Budget Reach Final Phase – PM

18:08, 28 Ian. 2009
Talks between the Romanian government and employers' association and trade union representatives regarding the 2009 budget have reached a final phase, so that the government will take Thursday a political decision on the budget construction, the prime minister Emil Boc said Wednesday.

President Speaks To Social Partners On Romania’s Econ Status

16:13, 28 Ian. 2009
Romanian President Traian Basescu presented the country’s economic situation and external circumstances to representatives of employers' associations and trade unions, in a meeting at the Finance Ministry Wednesday.

Romanian PM: ’09 Budget Draft To Be Discussed Thursday

12:55, 28 Ian. 2009
Romanian Prime Minister Emil Boc said Wednesday the 2009 budget draft would be discussed in Thursday’s Government meeting.

Romanian ’09 Preliminary Budget Sees Pension Spending At 8% Of GDP, Public Salaries At 6.9% Of GDP

18:44, 27 Ian. 2009
The government plans to allocate 8% of the gross domestic product for pensions, 6.9% of the GDP for budgetary salaries and 2% of the GDP for unemployment aid, while education spending is seen at 6% of the GDP, and defense spending at 1.8% of the GDP, according to governmental sources.

Romanian Railroad Unionists Want RON600 Minimum Wage

14:53, 27 Ian. 2009
Unionists from Romanian National Railroad Company CFR request the allocation of at least 500 million lei (EUR1 = RON4.2390) for infrastructure, the application of the RON600 minimum wage and the maintaining of jobs in the railway sector, union leader Gheorghe Popa told MEDIAFAX.

Romania’s 09 Austerity Budget To Impact All Ministries – Deputy PM

12:52, 27 Ian. 2009
Romanian Deputy Prime Minister Dan Nica said Tuesday the country will have an austerity budget this year, that will impact all ministries, adding that the ministries’ final budgets would be decided on Tuesday evening, after the meeting of the ruling coalition.

Romanian Govt Can’t Afford Not To Assign 6% of GDP To Education – Minister

12:39, 27 Ian. 2009
Romanian education minister Ecaterina Andronescu said Tuesday after a meeting of social democrat ministers that the government cannot afford not to grant the education sector 6% of the gross domestic product.

Romanian Govt’s Grace Period Ends With Presentation Of Budget – President

10:18, 27 Ian. 2009
Romanian President Traian Basescu said late Monday on public television that the grace period he grants the center-left coalition government ends with the presentation of the 2009 state budget draft.

Romanian Preliminary ‘09 Budget Draft Sees Public Def At 2%-2.2% Of GDP

16:36, 26 Ian. 2009
The preliminary 2009 budget projection aims for a budget deficit of 2% to 2.2% of the gross domestic product, or GDP, compared with last year’s 5.2% of GDP, government sources told MEDIAFAX on Monday.

Romania’s 09 Budget Priorities Are Econ Devt, Invest, Low Income People’s Protection – PM

12:52, 26 Ian. 2009
Romanian Prime Minister Emil Boc said Monday that the 2009 budget priorities are economic development, investments and protecting people with low income.

Romania’s Ruling Coalition Leaders To Discuss ’09 Draft Budget On Jan 26

18:26, 25 Ian. 2009
The democrat liberal and social democrat leaders of Romania’s center-left ruling coalition will meet on January 26 in the office of Senate’s speaker Mircea Geoana for talks on the 2009 state budget draft and other social protection measures the government plans to take in 2009.

Romanian Deputies Scrap Car Purchases In ‘09

15:25, 21 Ian. 2009
Romanian deputies consider an austere budget in 2009, with zero spending on cars or furniture, lower house Speaker Roberta Anastase said Wednesday.

Romanian Govt To Make Decision On ’09 State Budget By End Of The Week – Deputy PM

12:55, 19 Ian. 2009
Romanian deputy prime minster Dan Nica said Monday after a meeting between the social democrats and democrat liberals that the two parties analyzed a plan of measures to stimulate the economy and a decision on the country’s 2009 state budget will be made by the end of the week.

Romanian Fin Min To Present Social Partners First Budget Version Mon

14:16, 16 Ian. 2009
Romania's Finance Ministry will present Monday to trade unionists and employers' association representatives a preliminary version of the 2009 budget draft, the president of “Cartel Alfa” trade union confederation, Emil Hossu, said Friday.

Romanian President Says Ministries’ Budget Requirements Would Push Def To 9% of GDP

11:44, 16 Ian. 2009
Romanian President Traian Basescu said Friday during a debate that the budget requirements of ministries would push the country’s budget deficit to 9% of gross domestic product.

Ministries’ Requests May Push Romania’s 09 Budget Def to 12% Of GDP – Sources

13:54, 15 Ian. 2009
Romania’s Finance Minister Gheorghe Pogea told social partners from anti-crisis workgroups that, following the ministries’ expenditure requirements, 2009’s budget deficit should reach 12% of the GDP, sources close to discussions told MEDIAFAX on Thursday.

Romanian Social Democrat, Democrat Liberal Leaders Meet At Govt HQ

11:06, 13 Ian. 2009
The leaders of Romania’s governing coalition parties, social democrats and democrat liberals, meet at the government headquarters Tuesday at GMT 0900 to talks about the 2009 state budget and possibly about the appointment of a new interior minister.

Romanian Mine Subsidies Down 14% Pending Budget Approval

20:53, 09 Ian. 2009
Romania’s mining units will get less unitary subsidies for products and social protection by 14% compared to 2008, until the approval of the draft budget for 2009 and the new subsidies, the Government decided in Friday’s meeting.

Romania’s Fin Ministry Ups ’09 Budget Def, Inflation Targets

12:09, 07 Ian. 2009
Romania’s new Government will include in 2009 budget draft a slightly higher budget deficit and annual inflation rate than previously announced, a Finance Ministry press release showed Wednesday.

Romania Education Fed Urges Govt To Assign 6% Of GDP To Education Sector

12:02, 07 Ian. 2009
Romania’s National Education Federation urged the government to assign at least 6% of gross domestic product to the education sector, which, it said, should also include the funds needed to hike teachers’ wages.

Romanian Businesspeople Eye Lease Of Projects Of National Interest

14:12, 06 Ian. 2009
Romanian business people ask authorities to lease projects of national importance which cannot be funded by the state to private companies, and at the same time come up with arguments why the Government does not resort to international funding institutions to salvage the economy.

Romanian Govt Awaits Data On ‘08 Budget Before Proposing ‘09 Draft

19:04, 30 Dec. 2008
Romania’s government will draw the 2009 draft budget after data for this year’s general consolidated budget becomes available, people familiar with the matter said Tuesday.

Romania Govt Withdraws ’09 Draft Budget From Parl, Proposes New Draft – Sources

20:12, 29 Dec. 2008
Romania’s center-left coalition will withdraw from Parliament the 2009 draft budget and the draft social security budget approved by the former executive in view of submitting a modified version of the drafts, people familiar with the matter said Monday.

Romanian PM Confirms Govt Doesn’t Have Gen Budget Data For 2008, Expects It In Jan

12:49, 29 Dec. 2008
Romanian Prime Minister Emil Boc confirmed Monday the government doesn’t have a clear assessment of the 2008 general consolidated budget and the data, along with forecasts for 2009, will be available in the first half of January.

Romanian President Calls On Ministers’ Solidarity Over ‘Tough Decisions’

16:10, 27 Dec. 2008
Romanian President Traian Basescu on Saturday asked the ministers to show solidarity in the tough measures they are about to make, which will most likely defer several parliament-approved laws due to the economic downturn.

Bucharest Councilors OK RON23.4M Additional Budget Revenues

16:15, 22 Dec. 2008
Bucharest city councilors on Monday approved a budget revision for the Romanian capital, including 23.4 million lei (EUR1-RON3.9305) additional revenues and RON403 million reduced expenses with foreign debts.

Romanian Parliament Summoned In Jan To Discuss ’09 State Budget – Sources

10:25, 22 Dec. 2008
Romania’s new ruling coalition formed of democrat liberals and social democrats decided to summon the Parliament in extraordinary meeting in the last week of January to debate the 2009 state budget draft, which they will most likely complete on January 20.