Romania's Draft 2012 Budget Includes No Salary Or Pension Raises

11.11.2011 By Radu Bostan

Romania's draft budget for 2012 states pensions will be frozen in the entire year, with no mention of possible raises in the second half, and will again require a transfer of 13.8 billion lei (EUR3.17 billion) from the state budget.

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Keywords:
GOVERNMENT
, BUDGET
, SOCIAL SECURITY