The Government is set to freeze, for the moment, the minimum wage at 1,050 lei (approximately 235 euro), even though the former cabinet promised to increase the wage to 1,200 lei (approximately 270 euro) from January 1, 2016."We will analyze the impact an increase in the minimum wage would have and, eventually, we will recommend increases that can take place. From January 1 it will not increase, because we cannot make this estimation on the economy and we would say for naught that we want to stimulate the economy with such a generous fiscal package that we made a great effort to include in the budget if we were to take a measure that could destroy the business environment. We cannot make this increase overnight, because this measure can significantly affect the competitiveness of Romania", said, on Friday, the Minister of Public Finance, Anca Dragu. She mentioned that the analysis regarding the impact is underway, but that the measure must be analyzed especially in the private area, because the public sector yields no wages under the minimum wage, given the increases approved this year for various categories, such as workers in healthcare, education and local administration, but also the 10 percent increase for all public sector workers decided upon recently. Furthermore, the Minister claims that such a measure can determine a migration of personnel from the fiscalized white area to the gray or black area of the economy. The Ponta Government had scheduled in its governing programme the increase of the minimum wage to 1,200 lei from January 1, 2016, and the former PM had promised additional increases to 1,300 lei until the midpoint of 2016 and 1400 lei from January 1, 2017.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
