Expats

IMF urges new Romanian government to prudent fiscal policies [May 09, 2012] (BUCHAREST ) - The International Monetary Fund on Wednesday called on Romania's new government to stick to cautious fiscal policies but gave its green light to a rise in public wages slashed by a quarter in 2010. [via YahooNews] More >>

Romania parliament set to back new leftist government [May 07, 2012] BUCHAREST (Reuters) - Romania's new prime minister said he was confident his leftist government would win parliamentary approval on Monday and finalize a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ... [via YahooNews] More >>

Romania parliament set to back new leftist government [May 07, 2012] BUCHAREST (Reuters) - Romania's new prime minister said he was condident his leftist government would win parliamentary approval on Monday and finalise a deal with international lenders to restore public wages to their previous levels. Romania's left-leaning opposition ousted Prime Minister Mihai Razvan Ungureanu's cabinet last month after a wave of public anger against plans for spending cuts ... [via YahooNews] More >>

Romania president cautious on deficit hike [May 06, 2012] (BUCHAREST ) - Romania's president said Sunday he backed a deal with the country's lenders IMF and the EU that allows public servants' wages to be restored but warned that its deficit has to be kept under control. [via YahooNews] More >>

Romania president cautious on pay rise deal with IMF [May 06, 2012] (BUCHAREST ) - Romania's President Traian Basescu said Sunday he would oppose a deal with the IMF and the EU to raise public wages if it meant exceeding the public deficit target set for 2012. [via YahooNews] More >>

Romania seals deal with IMF to raise public wages [May 06, 2012] BUCHAREST (Reuters) - Romania has sealed an agreement with international lenders to restore public wages to their previous levels, a senior official said, as part of the government's efforts to ease an unpopular austerity program. The International Monetary Fund (IMF) has said Romania has some space to ease austerity, which included a 25 percent cut in public sector salaries in 2010. Some have ... [via YahooNews] More >>

Romanian official says public wages will increase [May 02, 2012] An official says public wages in Romania, which were slashed by one-quarter in 2010, will be increased. [via YahooNews] More >>

Romania to hike public sector wages [Mar 12, 2012] Romania's ruling coalition says it will hike public sector wages that were axed almost two years ago as part of conditions for securing international rescue loans. [via YahooNews] More >>

Romania's anti-austerity protests [Jan 19, 2012] In 2009, Romania took a two-year $27.5 billion loan from the International Monetary Fund, the European Union and the World Bank as its economy shrank by 7.1 percent. It imposed harsh austerity measures under the agreement, reducing public wages by 25 percent and increasing taxes. Anger has mounted over the wage cuts, slashed benefits, higher taxes and widespread corruption. Ongoing protests for ... [via YahooNews] More >>

Romanian minister nixes IMF hopes of wage hikes [Aug 03, 2011] Romania's labor minister says it would be foolish to increase public sector wages, days after an International Monetary Fund official said the country could afford to do so, as the economy rebounds. [via YahooNews] More >>

IMF: Romania's economy growing again [Aug 01, 2011] share: digg facebook twitter BUCHAREST, Romania (AP) ? An International Monetary Fund official on Monday praised Romania for sticking to austerity measures, saying the East European nation can afford to increase public sector wages as the economy rebounds. [...] the good news is tempered by the fact that wages will still remain lower than in 2010 when the government began tough austerity ... [via YahooNews] More >>

IMF says Romania's economy growing again; public sector wages may be increased [Aug 01, 2011] BUCHAREST, Romania - An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds. [via YahooNews] More >>

Hometownstations.com-WLIO- Lima, OH News Weather SportsIMF: Romania's economy growing again [Aug 01, 2011] BUCHAREST, Romania (AP) - An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds. [via YahooNews] More >>

IMF: Romania's economy growing again [Aug 01, 2011] An International Monetary Fund official says Romania can afford to increase public sector wages as the economy rebounds. [via YahooNews] More >>

Romanian premier faces no-confidence vote over public wages bill [Dec 16, 2010] Bucharest - The Romanian opposition rose to Prime Minister Emil Boc's challenge on Thursday and filed a no-confidence motion against him. Boc on Tuesday staked his survival on the fast-track approval of an unpopular public wages act, coupling its passing with a confidence vote. [via YahooNews] More >>

Romanian premier Boc stakes survival on public wages act [Dec 14, 2010] Bucharest - Romanian Prime Minister Emil Boc on Tuesday staked his government on approval of an unpopular public wages bill, calling for a no-confidence vote if legislators fail to back it. [via YahooNews] More >>

Romania state workers' wages to rise 15 in 2011 [Dec 14, 2010] (AP:BUCHAREST, Romania) Romania's prime minister said Tuesday public wages will increase 15 percent next year, six months after they were cut by one-fourth to meet demands from the International Monetary Fund. [via YahooNews] More >>

Romania state workers' wages to rise 15 in 2011 [Dec 14, 2010] (AP:BUCHAREST, Romania) Romania's prime minister says public sector wages will increase 15 percent next year, six months after they were cut by one-fourth to meet demands from the International Monetary Fund. [via YahooNews] More >>

Romania state workers' wages to rise 15 in 2011 [Dec 14, 2010] Romania's prime minister says public sector wages will increase 15 percent next year, six months after they were cut by one-fourth to meet demands from the International Monetary Fund. [via YahooNews] More >>

Romania to Get Next Installment of Bailout [Nov 01, 2010] Bucharest has slashed public sector wages and hiked value-added sales taxes to try to cut its budget gap to comply with the terms of the 20 billion euro deal. [via YahooNews] More >>