salaries

Romanian Finance Minister Expects Quick Recovery After Coronavirus Crisis

15:08, 02 Apr. 2020
Romanian finance minister Florin Citu said Thursday he is optimistic and expects the country's economy to recover as quickly as it collapsed.

Romanian Lower House Adopts Act Freezing Pensions, Salaries In 2012

15:24, 08 Nov. 2011
Romania's Chamber of Deputies on Tuesday adopted Government Emergency Ordinance 80/2010, which includes amendments by the Committee for budget, that stipulate public sector salaries and state pensions will be frozen next year.

IMF: Romania May Raise Salaries, Pensions Slightly In 2012, If Things Go Well

16:33, 07 Nov. 2011
Romania's Government has agreed with the IMF and EC to freeze public sector salaries and pensions, but to increase them slightly halfway through next year, if budget revenue allows, said IMF mission chief Jeffrey Franks.

Romanian Railway Unionists Threaten New Strikes Over Planned Salary Cuts

14:13, 07 Sept. 2011
Romanian state-owned railway CFR unionists are prepared to go on strike again if the management reduces the working week to four days, "Miscare-Comercial" union federation president Gheorghe Fratica told MEDIAFAX on Wednesday.

Romanian Public Wage Rights Kept Intact This Year, Decided Through Budget In 2012 – PM

14:09, 12 Aug. 2011
Romania's fiscal strategy was agreed upon with the EU and IMF, and does not affect current public wages or pensions, but the value of these payments in 2012 will be set through next year's budget and wage law, according to developments on foreign markets, Prime Minister Emil Boc said Friday.

Romania Must Walk The Wire, Carefully, Without Populism – President

14:23, 02 Aug. 2011
Romanian President Traian Basescu said Tuesday on public radio that "Romania has to walk the wire, carefully, without populism, but with pragmatism."

Romanian Interior Min Cuts Employees’ Food Benefits, Unionists Threaten Protests

13:17, 02 Iun. 2011
Romanian Police unionists on Thursday threatened they will stage protests over the Interior Ministry’s decision to reduce their food benefits to 130 lei (about EUR30) from RON720.

Romanian Public Sector To Recover 2010 Wage Cut In Two Steps Next Year – PM

22:17, 26 Mai 2011
The wage cut implemented in Romania's public sector last year will be entirely recovered next year, likely in two installments, Prime Minister Emil Boc said Thursday on Realitatea TV.

Romanian Public Servants Won RON530M In Back Pay Through Rulings In 2011

17:40, 23 Mai 2011
Romanian public sector employees won salary rights in the amount of 530 million lei (EUR128 million) through court decisions in the first four months of 2011, which will be paid by the government in installments until 2014, according to a draft emergency ordinance.

Romanian Railway Co CFR Marfa Reduces Work Schedule By Two Days Per Month

17:11, 23 Mai 2011
Romanian railway company CFR Marfa has reduced the number of working days by two for every 30, effective May 23, and will cut 3,000 jobs through collective layoffs starting in July, says a press release.

Romanian PM, Education Min Say Country Can’t Afford Wage Hikes For Teachers

14:02, 10 Apr. 2011
Romania can’t afford to give teachers a 50% wage raise next year either, Prime Minister Emil Boc said Saturday, adding such a move would ruin the economy.

Romania Can Raise Public Salaries By 5%, Pensions By 7% Next Year – Fiscal Council

19:44, 07 Apr. 2011
Romania's public sector salary fund can be increased this year by no more than 5%, provided the economy grows 1.5% in 2011 and 3.9% in 2012, while public pensions could be raised by at least 7%, the Parliament-appointed Fiscal Council said Thursday.

EXCLUSIVE: Romanian Govt Bans Wage Hikes For Teachers In 2011

14:59, 01 Apr. 2011
The Romanian Government will freeze this year the salaries of teachers who won wage increases in court, capping them at the level in January, according to a draft act drawn up by the Government and obtained by MEDIAFAX.

Romanian Interior Ministry Postpones Layoffs Planned For April 1

17:29, 31 Mart. 2011
Romania's Ministry of Interior will postpone the layoffs initially planned for April 1, since, for the time being, it can afford to pay all its employees, ministry official Marius Militaru told MEDIAFAX on Thursday.

Romanian Govt Keeps Salaries Of State-Owned Co Managers Capped

09:04, 06 Ian. 2011
The wages of the Romanian Government's representatives in the boards of state-owned companies will continue to be capped, at least until new income and expenses budgets are approved, according to a memorandum approved by the Government on Wednesday.

Romanian Salary Rights Won In Court Hit RON7B, Payment Postponed For 2012

18:34, 08 Dec. 2010
Sums representing salary rights won in court by Romanian public sector employees total 7 billion lei (EUR1=RON4.2998) and the money will be paid in tranches starting 2012, to allow the Government to stay within the fiscal target agreed with the International Monetary Fund.

Romanian Police Salaries To Be Reduced By 4.5% In 2011 – Union

14:07, 26 Nov. 2010
Salaries in Romanian police departments, cut by 25% in July, will be reduced by a further 4.5% next year, as the holiday bonus and yearly bonus will be eliminated, "Pro Lex" union president Vasile Lincu said Friday.

Romania To Increase Public Sector Salaries By 15% In 2011 Compared To October Level

18:55, 24 Nov. 2010
Romania's Government will increase the base salaries in the public sector by 15% in 2011 compared to their October level, while the minimum gross salary will be raised to 670 lei (EUR1=RON4.3079) from the current RON600, said Prime Minister Emil Boc.

Romania Must Sack 26,000 Public Servants To Enable 15% Salary Raise – Official

19:58, 09 Nov. 2010
The Romanian public sector must lay off 26,000 employees between September and December, to bring the sector down to 1.29 million employees and allow salaries to be raised by 15%, after the 25% slash implemented in July, Finance Ministry state secretary Gheorghe Gherghina said Tuesday.

Romanian Govt Proposes Raising Low Public Salaries To RON850 – Unions

18:33, 08 Oct. 2010
Romanian Government officials propose increasing small public sector salaries up to 850 lei (EUR1=RON4.2682), but make the 25% slash introduced in June permanent through a new public wage law, "Sanitas" union federation vice-president Adrian Barea said Friday, after talks at the Ministry of Labor.

Romanian Lower Chamber’s Special Committees OK Public Sector Pension-Wage Cumulus

18:24, 28 Sept. 2010
The Romanian Chamber of Deputies’ committee for budget and finance and the labor committee on Tuesday approved the draft law proposed by opposition liberals, which eliminates the interdiction to cumulate pensions and wages in the public sector, said labor committee head Victor Paul Dobre.

Pwc: Around 40% Of Private Cos In Romania Estimate An Average 6.8% Raise In Salaries In 2011

14:33, 28 Sept. 2010
Around 40% of private companies in Romania estimate an average 6.8% raise in salaries in 2011, compared with an average 4.3% salary raise in 2010, according to a PayWell Romania survey on salary and benefits, conducted by PricewaterhouseCoopers (PwC).

EXCLUSIVE: Romanian Govt Strategy For 2011-2013: Wage Raises Tied To Layoffs

18:46, 15 Sept. 2010
Pay raises in the Romanian public sector will be conditioned on staff cuts and social-economic indicators, while ministers and other officials will be forbidden from granting deductions or new bonuses without special exemption provided by law.

Romanian Govt Pledges To Peg Public Salaries To Private Sector, Cut Bonuses

14:50, 09 Sept. 2010
Romania’s Government pledged, in the new letter of intent to the IMF, to provide fewer bonuses in the unitary wage law, as well as implement a system to correlate the salaries in the public sector with those in the private sector and set them according to each employee’s duties and skills.

IMF: Romania Public Wages Reduced To 2005 Level

13:08, 31 Aug. 2010
Romanian public salaries have been reduced to a similar level as in 2005 and will have a comparable share in this year’s gross domestic product, an official of the International Monetary Fund said Tuesday.

Romania Govt Says Ctrl Bank Pay Cuts Stand

20:06, 30 Aug. 2010
Romanian government Monday upheld a 25% pay cut for central bank staff, but decided the funds will remain at the bank’s disposal instead of being transferred directly to the state budget.

Romanian Public Sector Salaries May Be Adjusted In 2011 If Reforms Continue – PM

19:54, 25 Aug. 2010
Romanian Prime Minister Emil Boc said Wednesday on national radio that public sector salaries may be “adjusted” in 2011, as long as the process of reform and restructuring continues.

Romanian Public Sector Unitary Wage Law To Be Revised – Unions

16:50, 20 Aug. 2010
Romania’s public sector wage law will be revised in its entirety and will no longer be based on 2009’s salaries, but on those of 2010, reduced through the austerity measures, and a new law will be issued every year to set the new wage level, said unionists after talks with Prime Minister Emil Boc.

Romania Ctrl Bk: Govt Spoke Too Soon About Public Sector Pay Hikes

12:37, 06 Aug. 2010
Romanian authorities spoke too soon when they said public wages might increase by 10% on average in 2011, because there can be no pay raises without a reshuffling of the sector, central bank governor Mugur Isarescu said Friday.

Romanian Govt Pledges To Annul Acts Cutting Wages In Ctrl Bk, Financial Regulators

13:14, 05 Aug. 2010
Romania’s Government pledged to annul its acts reducing the salaries of the central bank and other financial regulation authorities by 25%, according to the additional letter of intent to the stand-by agreement with the International Monetary Fund.

Romanian State Employees’ Income To Decrease By 32% Starting June 1 – Union Leader

18:39, 30 Iun. 2010
Romanian state employees will see their income reduced by about 32% starting July 1, after the 25% salary cut and the 5% VAT hike are applied, Cartel Alfa union leader Bogdan Hossu said Wednesday.

Romanian State Employees’ Wages Might Rise 7% In 2011 If 70,000 Are Laid Off – Fin Min

08:55, 24 Iun. 2010
Romanian Finance Minister Sebastian Vladescu said Wednesday that state employees’ wages might increase by an average 7% in 2011 if 70,000 people are laid off and the state continues to pay a 13th salary.

Moody’s: Romania Should Up Public Sector Efficiency

13:04, 21 Iun. 2010
The Romanian Government’s move to cut salaries in the public sector will reduce expenditure, but the authorities should also consider improving public sector efficiency, Moody’s said Monday.

Romania Ctrl Bk Official: Low Salaries Of High Officials Feed Top-Level Corruption Theory

12:42, 17 Iun. 2010
Romania’s president, prime minister and ministers are paid extremely low salaries for the positions they hold and this situation continues to feed the theory of top-level corruption, Romania’s central bank adviser Lucian Croitoru said Wednesday.

Romania Public Sector Staff, Retirees To Get Slashed Wages, Pensions As Of Aug – Fin Min

11:24, 17 Iun. 2010
Romania’s Finance Minister Sebastian Vladescu on Thursday said the 25% cut in public sector salaries and the 15% cut in pensions will be applied to salary and pension rights for July and people will receive reduced salaries and pensions as of August.

Romanian Supreme Court Notifies Constitutional Court About Pension, Salary Slash Bills

17:16, 15 Iun. 2010
Romania’s Supreme Court on Tuesday sent the Constitutional Court two notices of unconstitutionality regarding the bill reducing public pensions and the bill reducing salaries with the aim of restoring budgetary balance.

High Salaries Of Employees Within Certain State-Run Cos To Be Capped – PM

18:43, 07 Iun. 2010
Romanian Prime Minister Emil Boc Monday told lawmakers that employees of certain state-owned companies, who earn high salaries, will have their wages capped, in solidarity with state employees affected by the austerity plan for which the Government seeks a vote of confidence.

Romanian Education Unionists Call On Lawmakers To Vote Against Wage Cut Plan

21:07, 05 Iun. 2010
The Romanian National Education Federation (FEN) addressed an open letter to the country’s lawmakers, calling on them to vote against Government’s austerity measures that cut education sector employees’ salaries.

Romania Govt: Salaries To Be Cut In State-Run Cos, Not In Cos Already Restructured

14:59, 02 Iun. 2010
The budgets of Romanian state-owned companies will be reevaluated, as a first step towards reducing salaries, but the budgets of companies that have already been restructured will not be reevaluated, Romania’s Government spokeswoman Ioana Muntean said Wednesday.

Romanian Public Salaries Could Drop 30-50% In 2011 Without Austerity Plan – Labor Min

12:47, 31 Mai 2010
Romanian Labor Minister Mihai Seitan said Monday that public sector salaries could be reduced by 30-50% or more in 2011, should the Government's austerity measures not be applied.