Romania Might Discuss Lowering Social Contributions Mid-2011 – Labor Min

Romanian authorities might discuss reducing social security contributions mid this year, Labor Minister Ioan Botis said Thursday, adding it is too soon to talk about the level of the reduction.

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"In June or July, we will discuss lowering social security contributions, but it is too soon to talk about a percentage (…) It's hard to say whether unemployment contributions will be cut," said Botis at the fourth annual edition of MEDIAFAX Talks about Private Pensions.

Andreea Paul-Vass, Prime Minister Emil Boc's adviser, said in February the Government would cut social security contributions in very few months.

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