pensions
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Government allocates more money for salaries and pensions
The Government yesterday approved the second budget revision, which saw additional resources allocated for the payment of salaries and pensions until the end of the year, as well as cuts to the amounts dedicated to ministries and to local authorities.
Chamber of Deputies decides: Everybody retires at 65
The Chamber of Deputies adopted the uniform pension law on Wednesday evening, after a 10-hour marathon debate, one of the most important and controversial laws of the current Cabinet, with l...
State restructuring marches on
Premier Emil Boc’s Government was only eight votes away from its second dismissal by Parliament last night, with the first having happened on October 13th 2009, which shows how fragile and...
How Boc's government ended up cutting 15% off pensions and 25% off public sector salaries
After four years during which the Romanian government had been teaching Europe a lesson in economic growth, Bucharest MPs are now in the shameful position of deciding salary cuts for public...
Private business looking to restart engines
As the state decided to cut salaries and pensions to avoid raising taxes and thus choking the business sector, one may very well think that the ball of the economic reboot is in the companie...
Military and police personnel pensions below 3,000 RON not subject to cuts
Labour Minister Mihai Seitan yesterday said that cutting the special pensions of the aeronautic and diplomatic personnel, as well as of the MPs and magistrates would translate into 100 milli...
Government insists on cutting pensions, forgets promise to dismiss half of state secretaries
In its rush to cut spending, the Government wants to cut pensions and salaries but ignores the fact that secretaries of state within ministries are paid at least 1,000 euros per month.
Businesspeople about the decision to cut wages, pensions and unemployment benefits: it's the right one
Businesspeople say the decision to cut wages, pensions and unemployment benefits announced by President Traian Basescu is a good idea. Businessman Dan Sucu, controlling Mobexpert, says the d...
Will pensions remain private or return to the state?
When the private pension system was launched pension companies' strongest argument was linked to the very word "private".