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| THE AGREEMENT ON THE MINIMUM SALARY (11.12.2007) |
| (2007-12-11) |
| Last updated: 2007-12-12 16:29 EET |
As of January the 1st 2008, the single minimum salary per economy will stand at 500 lei (some 140 Euros), and it might amount to 540 lei (some 150 Euros) in the second half of the year, if economic pointers allow for such an increase: the gross domestic product, the inflation rate and labour productivity. The agreement is the result of a compromise reached by the trade unions, the government and the employers’ associations, following seven meetings and lengthy negotiations, which spanned three and a half months.
The heated debates and negotiations on the minimum salary per economy in 2008, which started in September and were marked by the unionists’ threats to take to the streets, ended on Monday evening with an agreement, signed by the three parties concerned. However, after the signing, the trade unions announced they would go ahead with the protests, to make sure the 2008 budget would be drafted correctly.
The President of the “Fratia” National Confederation of Free Trade Unions in Romania, Marius Petcu has more:
"As far as trade unions are concerned, we believe that we hit the envisaged target, but that doesn’t mean that we will call off the protest scheduled for December the 12th, because we won only one battle, and we should now win the debate on the budget in Parliament. No salary charts are established under this agreement, but my colleagues in the employers’ associations want to resume negotiations focusing on the salary charts in 2008. We will wait for Parliament to debate and pass the budget between December the 17th and 21st and hope to stand the chance of witnessing the passing of the budget by Parliament with 250 trade unionists attending.”
At the moment, the Budget, Finance and Banks Commissions in the Senate and the Chamber of Deputies continue debating, in a joint session, the 2008 draft state budget. According to the draft, budget revenues will amount to 174 billion lei (some 50 billion Euros), and the spending will stand at 186 billion lei (some 53 billion Euros).
The inflation rate is estimated at 3.8%, and the budget deficit at 2.7% of the Gross Domestic Product. The GDP will exceed 438 billion lei (125 billion Euros)next year, against the backdrop of a 6.5% economic growth of. So far, MPs have debated only a small number of the 1,200 amendments tabled. Most of them, over 700, have been introduced by the Social Democratic Party, in opposition. However, Prime Minister Calin Popescu Tariceanu has said he will not accept those amendments, which provide for a cut in the budgets allocated by the government to education, health-care, infrastructure and research.
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2025-04-03
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