Romania -Romania set to raise public sector wages to pre-austerity levels -May 6, 2012

After an IMF statement allowing Romania to ease its austerity policies, the new leftist government has announced the 25% pay cut for public sector workers will gradually be undone. As of June, salaries will be increased by 8% and go on to a 15% increase in the following months. In combination with other recent increases, this raises the salaries to pre-austerity levels. Public sector unions have claimed that the real lost income amounts rather up to 40% than 25%, due to foregone bonuses and allowances than have not and will not be restored.

English: http://www.reuters.com/article/2012/05/06/us-romania-politics ...

 

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

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