BNR's Georgescu: in Romania, labour legislation was contrary to employees' interests

The cost of crisis in Romania was paid mainly by employees, and this situation was favoured also by the labour legislation adopted in that period, which was completely contrary to the interests of employees, says the National Bank of Romania (BNR)'s First Deputy Governor Florin Georgescu. "What is left to the citizen? The distribution of the net national income, so after removing fixed capital ...

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