adopted

Romanian Senate Adopted Tacitly Pension, Wage Amassment Law

The Romanian Senate on Wednesday tacitly adopted a draft law that prohibits the amassment of pensions and wages for retirees who took new jobs in the public sector and their pensions top gross average wage.

Fitch Expects Romania To Adopt Euro No Sooner Than 2015

Fitch Ratings agency said Friday it does not expect Romania to adopt euro sooner than 2015, citing risks in attaining real and nominal convergence.