Africa | America | Asia | Australasia | Europe | India | Middle East | UK | US

Romania's new premier cuts officials' salaries to one fifth

Posted : Tue, 23 Dec 2008 18:00:30 GMT
Author : DPA
Category : Europe (World)
News Alerts by Email ( click here )
Europe World News | Home
Bucharest - Romania's new Prime Minister Emil Boc, on the first day of his term Tuesday, announced the salaries of senior government officials would be reduced to a little less than one fifth. In the current time of crisis, officials had to be the first to tighten their belts, Boc said.

The heads of administrations such as customs, aviation and state- owned enterprises such as power plants were among those affected. They would no longer earn up to 28,000 lei (10,040 dollars) per month, but up to a maximum of 4,800 lei.

Boc also wants to scrap the current 145,000 vacant civil service posts. The premier expects the measures to result in savings of more than 1 billion euros. Boc plans to reduce Romania's anticipated budget deficit of 4.0 per cent in 2009 to 1.7 per cent.

Boc and his 18-member cabinet were sworn in on Monday under a new coalition government of Boc's centre-right Democratic Liberal Party (PD-L) and the socialist PSD party. The two parties came in nearly equally in elections on November 30, with neither party gaining an absolute majority.

Copyright, respective author or news agency

Share/Save/Bookmark

Article : Romania's new premier cuts officials' salaries to one fifth
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More Europe (World) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.