expenses

GfK: Two Thirds Of Romanians’ Expenses Target Foods

13:13, 18 Apr. 2017
2016 was another good year for the industry of fast moving consumer goods (FMCG), both from retailers and producers’ perspective. It was the second consecutive year when Romanians had an increased appetite for more expensive products and higher expenses, according to a study by GfK Romania.

EXCLUSIVE: Romanian Education Ministry’s Total Expenses To Increase By 2013

10:59, 16 Sept. 2010
The Romanian Education Ministry’s total expenses are seen to increase in the upcoming three years and might reach 8,480 million (EUR1=RON4.2394) in 2013, from RON5,536 million in 2010, according to estimates in the country’s three-year fiscal strategy approved by the Government Wednesday.

Romania’s Health Ministry To Axe Its Budget Expenses By 20% Amid Public Spending Cuts

17:56, 13 Mai 2010
Romania’s Health Minister Attila Cseke on Thursday said his ministry will cut by 20% its budget expenses approved for the procurement of goods and services in 2010, adding it will also enforce the 25% salary cut recently announced for all employees in the public sector.

Romanians To Spend RON96B In Retail Stores This Year, Up 7% On ’09 – Euromonitor

17:14, 26 Mart. 2010
Romanians will spend 96.4 billion lei (EUR1=RON4.0682) this year on food and non-food products, some 7% more than in 2009, and will mostly target modern commerce, which will lead to the bankruptcy of over 900 small stores and boutiques, according to Euromonitor.

Romania’s Budget Spending Way Above Employees’ Job Performance, Govt’s Resources – Fin Min

13:43, 24 Feb. 2010
Romania’s Finance Minister Sebastian Vladescu said the country’s budget expenses are way above employees’ job performance and beyond the government’s capability to ensure medium and long-term sustainability, which further hinders investments in infrastructure or healthcare system.

Romanian Govt Counts On Recent Measures To Cut Budget Spending To 2.5% Of GDP

17:03, 29 Dec. 2009
Romania’s government estimates its recent measures to freeze pensions, scrap several social facilities and defer some of its obligations will cut public spending by 13.5 billion lei (EUR1=RON4.2099), or 2.5% of GDP, and failure to adopt these measures would boost the budget deficit to 8.4% of GDP.

Cancelling Public Sector Employees’ Unpaid Leave Entails Additional Expenses – Romanian Fin Min

22:07, 28 Oct. 2009
The postponement of the decision regarding the unpaid leave for employees in the public sector will require additional measures so that the budget deficit be no higher than 7.3% of the GDP, as negotiated with the International Monetary Fund, Romanian Finance Minister Gheorghe Pogea said Wednesday.

Problems In Romanian Judiciary, Public Administration Can Only Be Fixed By Spending Cuts – President

11:59, 14 Aug. 2009
Romanian president Traian Basescu said Friday that problems in the judicial system and public administration can only be solved by lowering expenses, adding the finance minister’s proposal to force people into ten days of unpaid leave is wrong.

Romanian Government To Suspend Filling Of Vacancies In Public Institutions

11:09, 03 Apr. 2009
The Romanian Government will suspend the filling of vacancies in public institutions or authorities through contest and will prohibit the purchase of new cars, furniture and office equipment, in an effort to cut budget spending, ministry sources told MEDIAFAX.

Romanian Govt To Limit Business Class Air Flights For Dignitaries, Eliminate Wage Bonuses

16:40, 07 Dec. 2008
The Romanian Government will limit business class air flights for dignitaries, will eliminate some wage bonuses, and is taking into account granting bonuses on Christian holidays only to “worthy” public servants in order to cut down budget expenses, people close to the matter told MEDIAFAX Sunday.

Romanian Govt Cuts RON2B From ’08 Budget Exp, Redirects Funds To Pensions, Aids

18:40, 24 Nov. 2008
The Romanian Government will cut more than 2 billion lei (EUR1=RON 3.7985) from 2008's budget expenses of 18 ministries and public institutions, and the funds will be mainly redirected to the Labor Ministry for pensions and state aids, sources told MEDIAFAX Monday.

Romania’s Future Govt Not Seen Limiting Expenses – Ctrl Bk Governor

15:53, 03 Nov. 2008
The National Bank of Romania, or BNR, estimates that the country's future government will have problems limiting public spending, while excess of demand will continue especially in terms of people's incomes, central bank governor Mugur Isarescu said Monday.

Romanian Govt Postpones Decision On Cutting Budget Expenses

18:35, 05 Mart. 2008
Romania’s Executive on Wednesday postponed making a decision on a draft ordinance aimed at cutting expenses in the public sector, by temporarily blocking new hiring or banning public institutions from purchasing cars and furniture.

Budget Cuts Will Not Affect National Health Programs – Minister

12:26, 04 Mart. 2008
Romanian health minister Eugen Nicolaescu said that the cut by RON433.7 million in the budget of the Health Ministry in the year’s first budget revision would not affect the country’s national health programs.