| Author (Person) | Bryant, Chris |
|---|---|
| Series Title | Financial Times |
| Series Details | 7.5.10 |
| Publication Date | 07/05/2010 |
| Content Type | News |
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Romania will have to enact sweeping austerity measures to avoid raising taxes and ensure delivery of the next instalment of a €20bn International Monetary Fund standby credit, the country’s president warned on the 6 May 2010. Traian Basescu said Romania’s centrist government would slash public sector wages by 25% from June 2010, while pensions and jobless benefits would fall by 15%. |
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| Countries / Regions | Romania |
