Fiscal strategy "in line with commitments"

Prime Minister Emil Boc said that Romania's fiscal strategy "is in line with Romania's commitments in its relations with the European Commission and the International Monetary Fund."

Moreover, Emil Boc said that the budgetary fiscal strategy "does not cut any money from what the state employees or the pensioners receive today and that the specific rights for 2012 will be established when the state budget law and the salary law for 2012 will be adopted".

Also, Romania's Prime Minister underlined that in the following period depending on the international economic developments and the internal economical growth, "wage provisions in other labour areas will be included in the budget law for 2012 while taking due account of this strategy, which creates the framework for such an approach”.

Prime Minister Emil Boc had a meeting with President Hu Jintao with whom he discussed mainly about the state and the prospects of bilateral relations, focusing on economy.

Romania plans to involve China in implementing major investment projects in our country, especially in sectors such as road transport, electrical power and agriculture.

Romania and China have always had an excellent political and economic relation, according to Prime Minister Emil Boc, yet the scope of this visit is to boost the trade in both directions and also encourage an economic cooperation supported by pragmatic and concrete projects especially in sectors such as road transport, electrical power and agriculture.

Strategy "does not provide pension freeze"

President Traian Basescu said that the fiscal strategy adopted by the Government did not provide pension freeze.

The President of Romania explained that the document provides only the postponement until 2014 of the increase of the benefits that pensioners from former occupational category I and II, who have retired from work in April 2001, receive every month.

Traian Basescu said that "the strategy makes reference only to those from the occupational category I and II who retired from work in 2001 and provides that they cannot receive additional benefits in 2012.


Translated by: Anamaria Petrache
MA Student, MTTLC, Bucharest University