RRI Live!

Listen to Radio Romania International Live

Support for pensioners

Romanian pensioners with small incomes will receive financial aid from the government.

Support for pensioners
Support for pensioners

, 14.12.2021, 14:00

Romania’s draft budget for 2022 is not ready yet but the governing coalition made up of the PSD (Social Democratic Party) — PNL (National Liberal Party) – UDMR (Democratic Union of Ethnic Hungarians in Romania) hopes to finalize it in due time for it to be approved by Christmas. There are, however, several certainties related to the budget. One of them is that pensioners with low incomes of up to 320 Euros will next month receive substantial aid from the state to pay their bills. The measure has been agreed upon in the governing coalition, so, 2 and a half million pensioners will already have their pensions augmented in January to 440 Euros.



The social package for the poorest of the pensioners will have an impact on the budget estimated at over 500 million Euros, said the minister of labor and social protection, the Social Democrat Marius Budăi. He explained that the aid would be granted proportionate with their current revenues. For instance, those with pensions of 1,000 lei that is about 200 Euros will receive 1,200 lei that is around 240 Euros. Eventually, 2.5 million Romanians will receive, in January pensions of 2,200 lei that is about 440 Euros. This is not the only social measure provided for in the governing program. 2022 will also bring about increases in child allowances, in salaries, pensions and indemnities for people with disabilities.



Marius Budăi has pointed out that the biggest impact on the budget will be created by the increase in the pension point, amounting to almost 12 billion lei, that is 2.4 billion Euros. As of 2022 the minimum gross salary is to grow up to 2,550 lei that is about 510 Euros. For all the increases it has promised, the government needs to find financial resources without augmenting taxes or imposing new ones. PSD and UDMR have tried to introduce a 1% surcharge to be levied on companies with a turnover of more than 100 million Euros, to obtain more money for investments in healthcare and education. But the Liberals have opposed the attempt, given that the business environment rejected the intention. The measure has been eventually rejected, and the Liberal PM Nicolae Ciucă has given assurances that no such tax will be levied on companies.



The Social Democratic finance minister Adrian Câciu has also promised that the budget will be set up without introducing new taxes and that any change of the taxation system will be made in a predictable way, following dialogue with the private business environment. He has presented a first version of the draft budget for 2022. The leader of the PNL, the former prime minister Florin Cîțu has called attention to the fact that the budget deficit needed to stay at 5.84% of the GDP and investments should remain at 7%, according to the common governing program. He expressed confidence that the budget for 2022 will be approved by December 23. (LS)

Klaus Iohannis, at the EPC summit (Budapest, Hungary)
Today in the News Friday, 08 November 2024

EPC meeting in Budapest

European leaders met in Budapest to discuss security challenges facing Europe, with an emphasis on the situation in Ukraine, as well as the issues of...

EPC meeting in Budapest
Photo: pixabay.com
Today in the News Friday, 08 November 2024

Romania, from wages to youth unemployment

Data from the Statistical Office of the European Union – Eurostat show that the adjusted average annual full-time salary of Romanians is the fourth...

Romania, from wages to youth unemployment
Donald Trump (Photo: Facebook / Donald J. Trump)
Today in the News Thursday, 07 November 2024

Reactions to the election of Donald Trump

Many political leaders around the world have reacted by congratulating the Republican Donald Trump, who announced his victory in the US presidential...

Reactions to the election of Donald Trump
Foto: pixabay.com
Today in the News Thursday, 07 November 2024

Farmers and the Common Agricultural Policy

The Romanian Minister of Agriculture Florin Barbu and the European Commissioner for Agriculture, the Polish Janusz Wojciechowski, who is on formal...

Farmers and the Common Agricultural Policy
Today in the News Wednesday, 06 November 2024

Roxana Mînzatu, endorsed by the Romanian Parliament

Romanian Government’s proposal for the position of European Commissioner in the future Community Executive, the Social Democrat Roxana Mînzatu has...

Roxana Mînzatu, endorsed by the Romanian Parliament
Today in the News Wednesday, 06 November 2024

Japanese Investments in Energy and Technology

Important Japanese companies have expressed their interest, these days, in Bucharest, to invest in Romania, in transport infrastructure, energy,...

Japanese Investments in Energy and Technology
Today in the News Tuesday, 05 November 2024

NATO must stay united

NATO will work with the winner of the US elections, whoever that person may be and will do its best to stay united, NATO secretary general Mark Rutte...

NATO must stay united
Today in the News Monday, 04 November 2024

Moldova stays on path to Europe

Moldova’s pro-European president Maia Sandu won a new  4-year term in Sunday’s second round run-off, with over 55% of the votes cast in the...

Moldova stays on path to Europe

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company