Bloomberg News

Romania’s Ialomitianu Calls for Wage Freeze to Meet Budget Goal

October 28, 2011

Oct. 28 (Bloomberg) -- Romanian Finance Minister Gheorghe Ialomitianu said that the country should freeze wages and pensions next year to meet its “prudent” budget goal.

Ialomitianu said he was currently analyzing the 2012 deficit goal because of financing problems, he said in Bucharest today.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net

To contact the editor responsible for this story: Zoe Schneeweiss at zschneeweiss@bloomberg.net


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