incomes

PM Mihai Tudose told trade unionists attending the CNSLR-Fratia trade union congress that incomes will increase as of early 2018. He also announced that he had proposed the trade unionists to clinch an agreement that would bring their…

The Presidential Administration has released on Saturday the latest wealth statement of president Klaus Iohannis, which shows that the president’s salary incomes have increased, while the incomes from rents have decreased threefold. The…

The incomes of Romania’s wealthiest 20% were 7.2 times higher in 2014 than the incomes of the country’s poorest 20%, as the biggest inequality ratio in the European Union, the National Statistics Institute (INS) informs. “In Romania, the…

The emergency ordinance draft on the public salary grid will be withdrawn, the trade union leaders announced on Tuesday after leaving the negotiations with the Labour minister. The trade unions say the draft is increasing the gap between…

The net average hourly earnings increased by 7.8% last year as compared to 2013, reaching RON 9.92/hour, according to the National Statistics Institute (INS). “The average gross hourly earnings was in 2014 of RON 13.60/hour, by 7.9% higher…

Romanians anticipate an income rise against the economy’s positive trend, but their desire to spend is still low considering the low level of these revenues, reveals GfK study on the consumption climate. According to the above-mentioned…

Rise Project platform reporting on corruption and organized crime in Romania claims there is a EUR 115,000 difference between the revenues from rents reported by president Iohannis in his wealth statements during 2004-2007 and the real sums…

The National Company Posta Romana (Romania Post) has paid until now some 45% of the debt to the consolidated state budget, a release from the post operator informed on Monday. “The debt rescheduling ensures a good cashing by the state of…

The National Bank of Romania has recorded in 2014 operational profit of RON 1.27 billion, following an operational loss of RON 224.1 million in 2013, says the annual report of the central bank. “A significant contribution to the operating…

The number of persons who don’t go on vacation has halved in the past ten years, with half of Romanians preferring domestic holidays, reveals a tour operator’s survey presented on Friday. The same research points out that tourism abroad…