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Romania’s Govt To Discuss Unitary Pay Sys Principles, Not Wage Hikes – PM

Romania’s Government will discuss next week the principles of Law on the single and unitary wage system in the public sector, Prime Minister Emil Boc said Wednesday, specifying that the authorities have no clear intention to hike the minimum wage per economy as of July.
Romania's Govt To Discuss Unitary Pay Sys Principles, Not Wage Hikes – PM
15 apr. 2009, 20:45, English

The Romanian government pledged at negotiations with the International Monetary Fund (IMF) to complete the legislation on the single and unitary salary by October 1, while the law on public pension system is due for completion by yearend, Finance Minister Gheorghe Pogea said Tuesday.
 
End-January, the union leaders said the law on unitary pay system will freeze the high salaries in the public sector and will increase the incomes of the people with low salaries working in the same sector. 
 
According to the authorities, the unitary pay system law draft might be enacted in maximum three months and the enforcement of the entire process might take four to six years.
 
Romanian government obtained IMF’s agreement in principle for a EUR12.95 billion standby loan, Boc said early April.
 
The IMF-led financial package includes additional EUR7 billion to be borrowed from the European Union, the World Bank and the European Bank of Reconstruction and Development.