Simply put, data recorded over time in the monthly budget implementation published by the Ministry of Finance indicate a share of staff costs in total
Rovinari power plant, part of Complex Energetic Oltenia, closed one of its energy groups on Wednesday night because of the lack of coal, as
The first estimate of the economic growth in Romania in the third quarter shows a reduction down to 3.5% (year-on-year), after the previous quarter’s Gross
Romanians are working harder to maintain an increasingly bureaucratic, inefficient and more expensive administrative apparatus – this is the conclusion of an analysis published on
The general consolidated budget ended the first five months of 2018 with a deficit of -0.88% of GDP estimated for the current year, more than
The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal
Hourly labour costs had increased by 14.29% in the fourth quarter of last year, in gross terms, compared to the same period in 2016, according
Romania ranks last among the EU member states by the share of public sector employees in the total workforce, according to data published by Eurostat
In the first quarter of 2017, the net investments in the national economy amounted to 12,836.9 million lei, representing a decrease of 3.1% compared
The Bucharest-Ilfov region will continue to have the highest net monthly average wage per employee in the next four years but will register the lowest growth
„The bad news is that the economy cannot grow sustainably by 5% based only on monetary, fiscal and salary stimuli,” said Valentin Lazea, Chief Economist
The 2017 spring prognosis of the National Prognosis Commission, subordinated to the Government, reassessed and doubled the real wage increase for the period 2016-2019. In
The average gross national wage announced by the INS for March 2017 was 3,256 lei, 4.8% up compared to the previous month. The average net
The degree of labour force professionalisation in Romania has declined so much that the Romanian economy is heading toward an acute crisis on the market,
The state expenses on public sector wages will reach 12% of GDP in 2022, which means half of the revenues collected to the state budget,
The Government has found a new source to finance the budget deficit, wages and maybe public investment. The profit obtained by the state companies and
The salaries of Romanian civil servants are 56% higher than the national average wage, which makes the ratio between the two the highest in the
The entire foundation consisting of the indicators forecasted by the National Commission for Prognosis (CNP), an institution reporting to the Government, relies on the assumption
The expenditure from the 2017 state budget has been planned with an increase almost three times higher than the economic growth foreseen in the
Only in three sectors from Romania, the wages reached the level allowed by the GDP in euro related to the market prices, according to a
Simply put, data recorded over time in the monthly budget implementation published by the Ministry of Finance indicate a share of staff costs in total
Rovinari power plant, part of Complex Energetic Oltenia, closed one of its energy groups on Wednesday night because of the lack of coal, as
The first estimate of the economic growth in Romania in the third quarter shows a reduction down to 3.5% (year-on-year), after the previous quarter’s Gross
Romanians are working harder to maintain an increasingly bureaucratic, inefficient and more expensive administrative apparatus – this is the conclusion of an analysis published on
The general consolidated budget ended the first five months of 2018 with a deficit of -0.88% of GDP estimated for the current year, more than
The national gross average salary announced by the INS for March 2018 was 4,488 lei, 8.7% higher than in the previous month. Net nominal
Hourly labour costs had increased by 14.29% in the fourth quarter of last year, in gross terms, compared to the same period in 2016, according
Romania ranks last among the EU member states by the share of public sector employees in the total workforce, according to data published by Eurostat
In the first quarter of 2017, the net investments in the national economy amounted to 12,836.9 million lei, representing a decrease of 3.1% compared
The Bucharest-Ilfov region will continue to have the highest net monthly average wage per employee in the next four years but will register the lowest growth
„The bad news is that the economy cannot grow sustainably by 5% based only on monetary, fiscal and salary stimuli,” said Valentin Lazea, Chief Economist
The 2017 spring prognosis of the National Prognosis Commission, subordinated to the Government, reassessed and doubled the real wage increase for the period 2016-2019. In
The average gross national wage announced by the INS for March 2017 was 3,256 lei, 4.8% up compared to the previous month. The average net
The degree of labour force professionalisation in Romania has declined so much that the Romanian economy is heading toward an acute crisis on the market,
The state expenses on public sector wages will reach 12% of GDP in 2022, which means half of the revenues collected to the state budget,
The Government has found a new source to finance the budget deficit, wages and maybe public investment. The profit obtained by the state companies and
The salaries of Romanian civil servants are 56% higher than the national average wage, which makes the ratio between the two the highest in the
The entire foundation consisting of the indicators forecasted by the National Commission for Prognosis (CNP), an institution reporting to the Government, relies on the assumption
The expenditure from the 2017 state budget has been planned with an increase almost three times higher than the economic growth foreseen in the
Only in three sectors from Romania, the wages reached the level allowed by the GDP in euro related to the market prices, according to a
