Romania's Austerity Plan: Millions Face Salary Cuts and Job Losses

Romania Faces Austerity Measures: Potential Salary Cuts and Layoffs Millions of Romanians are facing the prospect of salary cuts and job losses as four political parties negotiate the formation of a new government. The proposed austerity measures, aimed at reducing government spending, include significant cuts to bonuses and potential layoffs in the public sector. One of the key proposals is to limit bonuses to a maximum of 5 people per institution, with those who fail to meet objectives receiving no bonus at all. 'These measures are necessary to address the country's financial challenges,' said a spokesperson for one of the participating parties. Furthermore, the 13th month salary for state employees is expected to be eliminated, and holiday bonuses will be capped at 300 RON. These measures are expected to generate considerable debate and impact many Romanians.