salary

Romania’s January Net Salary Dn 4.8% M-M, To RON1,424

Romania’s net average salary in January was at 1,424 lei (EUR1=RON4.2127), down 4.8% compared with the previous month, since holiday bonuses were granted in December, Romania’s statistics institute said Monday.

Romanian Govt, IMF Agree On Minimum Wage Ceiling Of RON670

Romania's Government agreed with the International Monetary Fund and European Commission not to raise the minimum wage by more than the rate of inflation of the last two years, or more than 670 lei (EUR1=RON4.2862), state secretary Gheorghe Gherghina announced Tuesday.

Romania’s September Net Salary Flat At RON1,340

Romania’s net average salary in September was at 1,340 lei (EUR1=RON4.292), up a mere 0.1% compared with the previous month, the National Institute for Statistics said Thursday.

ECB Slams Romania Again Over Central Bank Salary Cuts

The European Central Bank Monday rebuked Romania for the second time in two months over plans to trim payrolls at the central bank, saying that a proposed amendment to leave the slashed funds at the bank’s disposal is still in direct violation of the central bank independence principle.

Romanian State-Owned Cos’ Salary Funds Unaffected By Wage Cutting Austerity Plan

The budgets of Romanian state-owned companies were revised after authorities decided to cut their costs with goods and services, but their salary funds were not affected.

Over 60% Of Romanians Spend All Their Money From One Salary To The Next – Survey

Over 60% of Romanians spend all their money from one monthly salary to the next all the time or very often and 65% of the country’s population aged over 16 has trouble paying for every day needs, said Monday Manuela Stanculescu, researcher with the Romanian Academy’s Quality of Life Research Institute.

Romanian President Donates Salary To Solidarity Fund

Romanian president Traian Basescu Wednesday morning donated his salary for May to a solidarity fund opened at the treasury of capital city Bucharest.

Romania To Pay 13th Salary For 2009 Until April, Scrap It As Of 2011 – PM

Romanian Prime Minister Emil Boc said Tuesday evening on B1 TV the extra 13th monthly salary per year for 2009 will be granted to public sector employees until April 2010, depending on budget loans approved by the Finance Ministry, but stressed this salary will no longer be paid in 2011 for 2010.

Romania’s Govt To Eliminate 13th Salary When Current Collective Labor Contracts Expire

Romania’s Labor Minister Mihai Seitan said Monday that employees in the public sector will not be granted a 13th monthly salary after current collective labor contracts expire, as this particular salary right is only stipulated in such contracts.

Romania’s Sept Avg Net Salary Up 0.8% MM To RON1,359

Romania’s net average salary was 1,359 lei (EUR1=RON4.3017) in September, up 0.8% from August, the National Institute for Statistics said Wednesday.

Romania’s May Net Salary Dn 3.7% M-M To RON1,356

Romania's net average salary in May was at 1,356 lei (EUR1=RON4.2036), down 3.7% compared with RON1,408 in the previous month, the National Institute for Statistics, or INS, said Monday.

Romania’s April Net Salary Up 0.4% M-M To RON1,408

Romania's net average salary in April was at 1,408 lei (EUR1=RON4.1928), up 0.4% compared with RON1,402 in the previous month, the National Institute for Statistics, or INS, said Thursday.

Romanian Ctrl Bker: I “Foolishly” Hope No Fiscal, Salary Excess In ‘09

Valentin Lazea, the chief economist of the National Bank of Romania, stated Friday that he “foolishly” hopes there will be no fiscal and salary excesses in 2009, an election year, like it happened in 2008, which was also an election year.

Romania’s March Net Salary Up M-M To RON1.402

Romania's net average salary in March was at 1,402 (EUR1=RON4.1638), higher compared with RON1.358 in the previous month, the National Institute for Statistics, or INS, said Thursday.

Romania’s ’09 Real Salary Seen Dn 1.9%, Reviving In 2011 – Prognosis Comm

Romania’s National Prognosis Commission CNP sees the country’s real salary down 1.9% in 2009, envisaging its revival only in 2011, according to CNP spring estimations.

Romania’s Feb Net Salary Slightly Up M-M To RON1.358

Romania's net average salary in February was at 1,358 (EUR1=RON4.1893), slightly higher compared with RON1,355 in the previous month, the National Institute for Statistics, or INS, said Monday.

Romanian Govt Pushes Back To Dec 31 Teacher Pay Hikes

The Romanian Government pushed back to December 31 the date for the first round of teaching staff salary increases, worth one third of the 28% hike decided by the former Cabinet.

Romania’s Jan Net Salary Dn 9% M-M To RON1.355

Romania's net average salary was down 9% on the month in January to 1.355lei (EUR1=RON4.2903), the National Institute for Statistics, or INS, said Monday.

Romanian Anticorruption Prosecutors Get RON5,500-9,500 Pay

The head of the Romanian National Anticorruption Department, Daniel Morar, has a salary of approximately 8,000 lei (EUR1 = RON4.2655), while the pay of anticorruption prosecutors ranges between RON5,500 and RON9,500 and there is no 50% nervous strain bonus, said the institution’s press office.

Romania’s Nov Net Salary Up 2.6% M-M To RON1.361

Romania's net average salary was up 2.6% on the month in November to 1.361lei (EUR1=RON4.2127), the National Institute for Statistics, or INS, said Monday.

Romania’s Highest ’07 Annual Salary At RON4.14M

The largest annual salary paid in Romania in 2007 stood at 4.14 million lei (EUR1=RON3.8121) and was received by an employee in a energy trading company, according to data provided by the Fiscal Authority ANAF.

Romanian President Opposes Lottery Staff’s Access To Cut In Co Profit

Romanian President Traian Basescu asked the Parliament to reexamine the law allowing the employees of the Romanian lottery to participate in the company’s net profit, through the distribution of 10% of the accounting profit, saying this provision is not adequate.

Romania’s Sept Net Salary Up 1.5% M-M To RON1.296

Romania's net average salary was up 1.5% on the month in September to 1,296 lei (EUR1=RON3.6844), the National Institute for Statistics said Tuesday.

Romanian Education Min Talks With Union Leaders

The leaders of the four Romanian education federations started talks Thursday with education minister Anton Anton. The unionists said the law hiking teacher salaries by 50% will not be negotiated.

Romanian Development Min Denies President’s Claims Of Biased Salary Hikes

The salaries of employees in the Romanian National Housing Agency (ANL) grew by 39% between 2005 and 2008 and the 4.4 times increase, claimed in the speech held by President Traian Basescu, is “an oversight” by the authors of the speech, said development minister Laszlo Borbely.

Romanian PM Widens Speech, Explains Stance On Current Issues

Romanian Prime Minister Calin Tariceanu spoke on local television station Antena 3 addressing most current issues and responding to some of the accusations brought against him by President Traian Basescu and other political leaders.

The Romanian Government Is Dishonest – Romanian Pres

Romanian president Traian Basescu said Tuesday the Government is not honest, as, even though it opposes the increase of teacher salaries, it issued an Ordinance increasing the salaries of hospital managers, as well as an ordinance increasing 4.4 times the salaries in the National Housing Agency.

Romanian Liberals Discuss Teacher Salary Hike Law Countermeasures

The prorogation of the teacher wage law for several months, through Emergency Government Ordinance, but also taking responsibility in Parliament for a new salary hike law were options considered Monday by liberal leaders in reply to the promulgation of the teacher salary hike law.

Romanian Pres Says Hungarian Post-Salary Hike Budget Problems Are Something Else

Romanian president Traian Basescu said Monday "we cannot see the Romanian and Hungarian budgets as equal," as the neighboring country takes out loans to build highways, in public-private partnership, and some of the budget goes to the repayment of loans.

The Parties Wishing For Salary Hikes Will Up Taxes – Romanian PM

Romanian Prime Minister Calin Tariceanu warned Romanians, Friday evening, on the intentions of parties that promote 50% salary hikes. He said the leaders of these parties will later implement higher taxes, in order to secure funding necessary for these salary increases.

Teacher Salary Hikes Are Unacceptable – Romanian PM

Romanian Prime Minister Calin Tariceanu asked politicians and union leaders to understand that a the 50% hike in teacher salaries will have a catastrophic effect on the economy, and added Romania cannot afford to apply such an irresponsible measure.

Romanian Liberal Leaders Reunite To Talk Teacher Salary Hike Aftermath

Romanian liberal leaders and ministers will reunite, Friday evening, in a meeting with the party president, Prime Minister Calin Tariceanu, to discuss the situation created when the head of state promulgated the law increasing teacher salaries by 50%.

Board Of Nokia Factory In Romania Offers 5% Wage Hike

The management of the Romanian unit of the Finnish mobile giant Nokia proposed a 5% wage increase for the employees at the central Romanian factory in Jucu, in the Friday negotiations with the factory's union, which prior demanded a 50% raise.

Romanian Social Democrats Urge President To OK Teacher Salary Hikes

The Romanian social democrats reminded president Traian Basescu that Friday is the deadline for a decision on the law hiking teacher salaries, and added Basescu promised to promulgate this law, the party said in a press release Thursday.

Romania ArcelorMittal’s Unionists Seek 32.3% Pay Raise

Trade unions with Romanian steel producer ArcelorMittal Galati, unit of UK-based giant ArcelorMittal, on Thursday said will ask for a 32.3% salary raise at the negotiations for the 2009 collective labor contract due for October 24.

Romanian PM Sends Salary Hike Effects Briefing To Pres

Romanian Prime Minister Calin Tariceanu sent to president Traian Basescu a letter with the additional data requested by the head of state regarding the economic impact of the salary hikes in education, the pension hikes for labor groups I and II and aid for mothers.

Romanian Education Unions Start Major Protest In Bucharest

Several thousands of Romanian education unionists started, Wednesday, the rally in Bucharest’s Constitution Square, protesting against the fact that the Government challenged in the Constitutional Court the law hiking teacher salaries by 50%.

Romania’s Jun Net Salary Up 2% M-M To RON1.273

Romania's net average salary was up 2% to 1.273 lei (EUR1-RON 3.5010) in real terms in June 2008, compared with May 2008, the National Institute for Statistics said Tuesday.

Romania’s May Net Salary Dn 2.7% M-M To RON1.248

Romania's net average salary was down 2.7% to 1.248lei (EUR1-RON 3.6139) in real terms in May 2008, compared with April 2008, the National Institute for Statistics said Monday.

Romanian Performers’ Monthly Salary Could Reach Up To RON4,200

Romanian performers will see increased salaries this year, of up to 4,200 lei (EUR1=RON3.6612) compared to the current maximum of RON1,500, state secretary in the Ministry of Culture Demeter Andras told a news conference Tuesday.