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At 16:00 EET, the first ruling coalition meeting of 2023 takes place. [30] The Romanian translation of Prince Harry's Spare novel is published officially in Romania. [31] The National Bank of Romania announces the raise of its monetary policy key interest rate from 6.75% to 7% per annum, effective on 11 January. [32]
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros.
Romania adopted 1 January 2005 a flat tax of 16% to improve tax collection rates. Romania subsequently enjoyed the lowest fiscal burden in the European Union, until Bulgaria also switched to a flat tax of 10% in 2007. Since 2018 the flat rate was lowered to 10%. Romania posted 6% economic growth in 2016, the highest among European Union member ...
Starting date Gross Value in RON Salary Growth Gross Hourly Pay in RON NET Value in RON Gross Value in EUR NET Value in EUR Legislation 1 January 2025 4.050 RON +9.46% : 24,5 RON/Hourly 2574 RON €814: €517: HG 598/2024: 1 July 2024 3.700 RON +12.1% : 22,02 RON/Hourly 2363 RON €743: €474 HG 598/2024 [2] 1 October 2023 3.300 RON +10% : 19 ...
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
Teachers' salaries are quite low compared to other professions in Romania. A teacher earns an average of 39,504 lei annually. After 10 years of activity, a teacher can reach 50,897 lei (10,342 EURO) annually and after 15 years of activity teaching staff can earn 53,943 lei (10,961 euros) annually. [5]
Inflation in Romania was a major issue during the 1990s, when the yearly inflation reached a peak of 256% in 1993. Since then, the inflation has slowly decreased ...
Romania's national currency is the leu / RON.After Romania joined the European Union (EU) in 2007, the country became required to replace the leu with the euro once it meets all four euro convergence criteria, as stated in article 140 of the Treaty on the Functioning of the European Union. [1]