Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


Valentina Lazea (BNR) suggests public sector wages should be cut by 20%

The budgetary sector employees should work only four days a week and have their wages cut by 20%, Romania's National Bank (BNR) chief economist Valentin Lazea suggested.   The fiscal consolidation emerged as a hot topic on the public agenda, as the country's public deficit will exceed 9% of GDP this year."It is not normal at all for the average salary in the budget sector to be higher than in the private ...

Article accessible to subscribers only. Please login or subscribe.