“Romanian public employees’ wages should go up one year after the tax cuts”

The state employees’ salaries should grow only one year after the adoption of the new Fiscal Code, said Ovidiu Nicolescu, president of the National Council of Small and Medium Sized Private Enterprises (CNIPMMR). The new measures should first produce significant effects such as increasing the number of jobs and stimulating the investments, which could generate additional budget revenues that, in turn, could support the salary increases, reports local Economica.net. The CNIPMMR members expressed their concern about the recent announcements on increasing the state employees’ salaries. The Government should respect the assumed budget deficit target of 2% of the GDP for the 2016 state budget. The salaries in the public system should be linked to wages in the industry, according to the best European practices, said CNIPMMR representatives. editor@romania-insider.com