Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. FinMin Teodorovici: Gov’t seeking precise date to apply...

FinMin Teodorovici: Gov’t seeking precise date to apply minimum wage increases

October 30, 2018

Finance Minister Eugen Teodorovici said on Sunday evening that in the coming days the government might announce the date when the minimum wage will increase. “We will see precisely that at the Government level in the coming days; the decision will be taken in the next few days and we will announce it. We night take a government decision as early as next week,” Eugen Teodorovici told private broadcaster Antena 3. Regarding the application of this measure as of November 1, recently circulated in the public space, Teodorovici mentioned that it was just a discussion, saying that the raise will not happen then. “It will not be November 1 because, as the prime minister has said, we are looking at the government level to see exactly the date from which this increase is applied. It will be no later than January 1, 2019, and the government will look to see if a decision can be taken before January 1, 2019. That was a discussion, we met with representatives of the business community at the Government House, with the prime minister, with other Cabinet colleagues; there, the trade unions said as soon as possible, and the economic community said from January 1, at the latest. The Government is now looking for the optimal date for this decision, ” added Teodorovici. He stressed that the minimum wage would increase together to 2,080 lei for people non-university graduates with less than 15 years of seniority and to 2,350 lei for higher education graduates with over 15 years job seniority. At the Government House on Tuesday, Prime Minister Viorica Dancila, Labour Minister Lia Olguta Vasilescu and Finance Minister Eugen Teodorovici met with representatives of trade unions and employer’s associations, who were introduced to a draft government decision on raising the gross minimum wage to 2,080 lei a month, which means a net increase of 100 lei. According to a government press statement, the wage will be differentiated according to the level of education and seniority.

Read in full - click here
Program dedicated to young entrepreneurs in Romania launches in Timișoara

TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]

Un Week-end à l'Est: Paris festival spotlights Bucharest, Romanian culture

The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]

Romanian tax agency ANAF sues former president Klaus Iohannis over Sibiu house

Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]

Romania to face Turkey in World Cup play-off semi-final in March 2026

Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match.  Romania […]

Weekend calendar: Gingerbread fair, RomanIa exhibition in Bucharest, Cluj Christmas market, concerts and more

An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...

Mercenary Horațiu Potra reportedly brought back to Romania to face investigation

Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,