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Tag Archives: wages

Net monthly average earnings up by 14.3pc in 2017

The net monthly average wage in the national economy in 2017 was of RON 2,338, up by 14.3% (+RON 292), as compared to the previous year, while the employers spent on average per month RON 4,008/employee, according to the National ...

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Gov’t analyses the first budget rectification in 2018

Discussions on budget rectification have taken place on Monday at Victoria Palace, according to government sources. Although an emergency ordinance could be adopted by the Government sitting on Thursday, the Ministry of Public Finance has not put under debate the ...

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PSD’s Dragnea: We’re open to the option of a sole PSD-ALDE candidate for presidency. Offshore bill to be amended

PSD leader, Liviu Dragnea, said Sunday evening that PSD and ALDE might have a sole candidate for presidency next year. He could be from PSD or ALDE, the analysis has started in both parties and the decision is to be ...

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INS revises upwards the GDP growth in Q1 2018. Household earnings up by 19.2pc in Q1, expenditures by 20.1pc

The National Statistics Institute (INS) has revised upwards the evolution of GDP in the first quarter of 2018, estimating a 0.1% advance as compared to the fourth quarter of 2017, after the forecast in June revealed stagnation. Seasonally adjusted figures ...

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Update: Budget deficit up to 0.88pc of the GDP in five months, five times higher in nominal terms. Fiscal Council pulls the alarm signal

The Finance Ministry has released the execution of the consolidated state budget, with the figures revealing a higher deficit, up to 0.88% of GDP in May, against 0.65% of GDP in April. In the first five months of 2017 Romania ...

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The average income of a household in Romania, equal to the minimum wage in Spain

Romanian households increased their earnings by 15.2% last year, but the expenses grew almost at the same pace. The overall household revenues in Romania increased last year by 15.2%, to RON 3,392 (EUR 743) per month, while the expenditures increased ...

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Tax easing was an error, due date is getting closer – former ANAF chief says

The former chief of the National Agency for Fiscal Administration (ANAF), Gelu Diaconu,  says the tax easing implemented by the Government was an error and that the due date is getting closer. This would explain the hesitations regarding the amendments ...

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