hike

Romanian Emission Tax Hiked 14%, On Currency Exchange Rate

The tax on vehicle exhaust emissions paid by Romanians when first registering a car is 14.2% higher as of January 1, owing to a different RON-EUR exchange rate set by the European Central Bank: RON4.26 to a euro, compared to RON3.73 to a euro in 2009.

Romania To Apply Updated Calculation Method For Building, Land Taxes In ‘10

The updated calculation method for taxes on buildings and lands, which translates into a hike depending on inflation or the market value, will be applicable only as of January 1, 2010, said fiscal policies and local budgets manager within Romania’s Interior Ministry, Daniel Marinescu.

Romania To Hike Pension Point In Two Stages – Sources

The pension point might be hiked this year in two stages, in March and September, the preliminary 2009 budget projection shows, governmental sources told MEDIAFAX Monday.

Romania To Hike Daycare Vouchers To RON350 As Of Feb 1

Daycare vouchers in Romania will rise as of February 1 to 350 lei (EUR1=RON42.634) from RON340, following an order of the Labor, Family and Social Protection Minister.

The Romanian Government Is Dishonest – Romanian Pres

Romanian president Traian Basescu said Tuesday the Government is not honest, as, even though it opposes the increase of teacher salaries, it issued an Ordinance increasing the salaries of hospital managers, as well as an ordinance increasing 4.4 times the salaries in the National Housing Agency.

Romanian Liberals Discuss Teacher Salary Hike Law Countermeasures

The prorogation of the teacher wage law for several months, through Emergency Government Ordinance, but also taking responsibility in Parliament for a new salary hike law were options considered Monday by liberal leaders in reply to the promulgation of the teacher salary hike law.

Romanian Pres Says Hungarian Post-Salary Hike Budget Problems Are Something Else

Romanian president Traian Basescu said Monday "we cannot see the Romanian and Hungarian budgets as equal," as the neighboring country takes out loans to build highways, in public-private partnership, and some of the budget goes to the repayment of loans.

Board Of Nokia Factory In Romania Offers 5% Wage Hike

The management of the Romanian unit of the Finnish mobile giant Nokia proposed a 5% wage increase for the employees at the central Romanian factory in Jucu, in the Friday negotiations with the factory's union, which prior demanded a 50% raise.

Romanian Pres OKs 50% Wage Hike For Education System Employees -2-

Romanian president Traian Basescu approved on Friday a 50% wage hike for education system employees, a law that the government warned would jeopardize economic stability.

Romanian Teachers’ Wages To See 9% Hike – Min

Romanian teachers benefit from a 9% wage hike as of October 1, higher than initially announced, the Ministry of Education said Thursday.

Romanian Minimum Wage Hike Inflates Traffic Violation Fines

The Romanian traffic violation fine point will reach RON54 starting with October 1, thus representing, in accordance with the law, 10% of the gross minimum wage in the country, which will be increased at the same date to RON540 per month, the Romanian Traffic Police announced.

Romanian Govt Oks Pension Hike As Of Oct 1 – Sources

The Romanian Government decided Thursday to increase the value of the pension point by 20%, to 697.5 lei (EUR1=RON3.6897) from RON581.3 as of October 1, one month earlier than the initial date, people close to the matter told MEDIAFAX.

Gas Prices To Hike In Oct On Higher Imported Russian Gas Price – Distrigaz Sud

The price of natural gas will hike in October on the backdrop of an expected price increase of the gas imported from Russia, an official of gas distributor Distrigaz Sud said Tuesday.

Romanian Govt Ups Min Wage To RON540 From RON500 Oct 1

The Romanian government decided on Wednesday to increase the minimum monthly gross wages to 540 lei (EUR1=RON3.5974), based on the agreement the representatives of trade unions and employers signed with the government at the end of July.

Romanian Fin Min Rejects Minimum Wage Hike

Romanian minister of economy and finance Varujan Vosganian said Monday he rejects unions' demands for the increase of the minimum wage to 540 lei (EUR1=RON 3.6066), on failing to meet the inflation target and labor productivity criteria.

Romania’s Natural Gas Prices Up By Avg 12.5% As Of Jul 1 -ANRE

The gas prices delivered to population will be up by an average 12.5% as of July 1, on the costs increase in purchasing natural gas during January to June period, as well as in order to partially recover the price differences reported during that period, Romania’s Energy Authority ANRE said.

Pwr Prices Up By Max 9% Jul 1 – Sources

Electricity household prices will rise by maximum 9% as of July 1, sources close to Romanian energy watchdog ANRE, said Wednesday.

Romanian Cigarette Prices To Climb Come July 1

The retail price for one pack of cigarettes will increase by an average RON0.4, starting with July 1, when the total excise will be increased to EUR50 /1,000 cigarettes, compared to the current excise of EUR41.5, sources within the Ministry of Economy and Finance told MEDIAFAX.

Romania’s Rompetrol Ups Pump Prices By RON0.04/Liter

Romania’s second-largest oil company Rompetrol Group NV hiked its fuel pump prices by 0.04 lei (EUR1= RON3.6731) per liter between May 23 and May 25, the tariffs remaining unchanged at least until June 1, the company said Tuesday.

Romanian Senators Ok Salary Hikes For University, Pre-University Teachers

Romanian senators on Tuesday voted 35 to 24 and 1 abstention a law hiking wages of university and pre-university teachers by 74% and 54%, respectively.

Romania Energy Watchdog To Decide On Gas Price Hikes

Romania’s energy watchdog, or ANRE will decide in a couple of days on whether to increase the natural gas prices, fueled by price hike requests from the country’s major gas distributors, ANRE president Olosz Gergely said Thursday.

Romanian Govt To Approve Single-Digit Salary Hike In 2008-PM

The Romanian executive on Wednesday agreed upon a single-digit hike in average wages in 2008, with education and healthcare fields to receive the highest increases, Premier Calin Popescu Tariceanu said.