austerity plan

Romanian State Employees’ Income To Decrease By 32% Starting June 1 – Union Leader

Romanian state employees will see their income reduced by about 32% starting July 1, after the 25% salary cut and the 5% VAT hike are applied, Cartel Alfa union leader Bogdan Hossu said Wednesday.

Romania’s Parliament Eliminates Unconstitutional Provisions From Austerity Plan

Romania’s Parliament Tuesday adopted with 321 to two votes the committee for legal matters’ report on the austerity law package, eliminating the articles that slash pensions, which were recently ruled unconstitutional.

Hundreds Picket Romania’s Presidential Palace Over Austerity Measures

Over 600 people are picketing the presidential palace in Bucharest Friday calling on the president not to endorse the Government’s austerity measures, which they say “sentence workers, children and pensioners to death by starvation.”

Romania’s Constitutional Court Postpones Austerity Plan Constitutionality Ruling For Friday

Romania’s Constitutional Court judges will rule Friday on the five unconstitutionality appeals issued against the austerity laws for which the country’s Government recently sought the Parliament’s confidence vote.

Romanian Govt Sets RON8,000 Wage Cap For State-Run Companies’ Employees

Romania’s Government decided to set at 8,000 lei (EUR1= RON4.2254) the maximum wage cap for employees of state-run companies, and 90% of the sum that exceeds this ceiling will go to a solidarity fund, people with direct knowledge of talks told MEDIAFAX late Wednesday.

Romania PM Urges Ministers To Cut High Bonuses, Threatens To Sack Defiers

Romanian Prime Minister Emil Boc told ministers, during a Government meeting held Wednesday evening, that wage bonuses granted to employees of public institutions are way too high and asked them to cease the payment of such incentives, people close to the matter told MEDIAFAX Wednesday.

Romania’s Recently Adopted Austerity Plan Challenged With Constitutional Court

Romanian Liberal Party Wednesday challenged with the Constitutional Court the Government’s two spending cut laws aimed to bring the country’s economy on track, in a move to prevent the enforcement of the drastic social measures they entail.

Romanian Opposition Urges President To Hold Referendum On Govt’s Austerity Plan

Romania’s opposition Social Democratic Party on Monday sent an open letter to President Traian Basescu urging him to hold a referendum and see if Romanians agree with the Government’s austerity plan that cuts wages, pensions and jobless benefits.

Romanian Govt Accepts 5 Amendments To Austerity Laws

Romania’s Government decided Monday to only accept five of the 70 amendments submitted to the two laws which make up the country’s austerity plan.

Romanian PM Sabotaged By His Own Cabinet – President

Romanian President Traian Basescu, Prime Minister Emil Boc, the finance minister and the labor minister met Sunday evening for talks with democrat liberal lawmakers on the austerity plan for which the Government will seek a confidence vote in Parliament Monday.

Romania’s Govt Rejects All Amendments To Draft Laws On Austerity Measures

Romania’s Government rejected all amendments to the draft laws for which it will seek a vote of confidence in Parliament on Monday, and preserved the austerity plan that cuts pensions and state employees’ wages and eliminates luxury pensions, Government spokeswoman Ioana Muntean said Saturday.

Romanian Education Unionists Call On Lawmakers To Vote Against Wage Cut Plan

The Romanian National Education Federation (FEN) addressed an open letter to the country’s lawmakers, calling on them to vote against Government’s austerity measures that cut education sector employees’ salaries.

Romanian Govt Seeks Parliament Conf Vote On Austerity Plan Monday

Romania’s Government will seek a confidence vote in Parliament Monday afternoon for two draft laws that make up its austerity plan, which entails cuts in public sector wages, pensions and social welfare benefits, Senate Chairman Mircea Geoana said Wednesday.

Romanian Ctrl Bker: Wage Cuts, The Lesser Of Two Evils

Romania’s worst case scenario would be to fail at cutting pensions and wages, seen as the lesser of two evils, and to need an increase in the value added tax level, an adviser to the local central bank’s governor said Friday.

Romanians Continue Protests, Call On President And Govt To Resign Over Austerity Plan

About 200 Romanian unionists are protesting Thursday outside the presidential palace in Bucharest and call on the president and government to resign because of the austerity plan authorities announced.

Romanian Pensioners Picket Presidential Palace, Call On President To Resign Over Austerity Plan

Over 500 Romanian pensioners are picketing the presidential palace in Bucharest Wednesday and call on the president to resign over highly unpopular austerity measures he announced last week.