News » August, 2011 » 12 August 2011
Romanian Public Wage Rights Kept Intact This Year, Decided Through Budget In 2012 - PM
12.08.2011, 14:09 | Finance-Banks | 1056 views
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. Boc said the Government will determine its wage policy for next year by taking into account Romania's growth forecast for 2012, international economic developments and budget collections. On Thursday, the Finance Ministry published the fiscal-budgetary strategy for 2012-2014. Read more on Mediafax.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|