Romanian President Donates Salary To Solidarity Fund

According to a note on the president's office website, the head of state earns a monthly net wage of 6,702 lei (EUR1=RON4.2200).

Basescu said early May after a meeting with union leaders, amid official plans to take austerity measures to fight the recession, he is willing to donate his salary to a solidarity fund for the rest of the year.

Romanian authorities have decided to take drastic and highly unpopular measures to keep the budget deficit below 6.8% of GDP and receive new installments of a EUR20 billion IMF-led rescue loan. The Government on Monday sought a confidence vote in Parliament to enforce its austerity plan that cuts wages and pensions and will face a vote on a no-confidence motion next week.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.