Since 2012, an aggressive minimum wage (MW) policy has pushed up the level of MW from the equivalent of EUR 160 to EUR 410 in 2018. Current plans envisage further increases, to the equivalent of EUR 450 and EUR 500 respectively, for the holders of a university degree, starting December 2018. And MW could reach EUR 520 and EUR 580 for the holders of a university degree by October 2020. So far, MW rose at an annual rate of 21% over a 6-year time-span.
Category: Publications
Joining the Eurozone, A Jump in the Dark
During the Eurosfat Forum in 2018 Laurian delivered a presentation on the main challenges Romanian and some of the unknowns it will face considering the euro zone itself is going through a difficult period.
România și aderarea la zona euro: întrebarea este ÎN CE CONDIȚII!
Daniel Dăianu, Ella Viktoria Kállai, Gabriela Mihailovici, Aura Socol,
This study was prepared in 2016 under the coordination of Daniel Dăianu for the European Institute in Romania and looks at the economic prerequisites for joining the Euro zone.
When Should Romania Join the European Banking Union, Sooner or Later?
Laurian Lungu and Ella Kallai
This paper was prepared for the European Institute in Romania in 2015. Laurian and Ella argued following a thorough analysis, that in joining the Banking Union Romania should adopt a wait and see strategy and carefully weigh the pros and cons.
The Impact of EU Funds on Romanian Finances
Laurian Lungu, 2012
The primary aim of this paper is to look at the potential consequences an increase in the EU budget would have onto the size of the domestic budget deficits. As the simulations in this paper show, if the EU budget for the 2014-2020 period was adopted in the current form put forward by the European Commisson,
A Note on Romania’s Public Debt
Laurian Lungu, 2012
This paper looks at main dynamics regarding Romania’s debt and budget deficits and tries to estimate the structural adjustments needed to put them on a sustainable path.
Tax policy under the curse of low revenues: The case of Romania
Ella Viktoria Kállai, Laurian Lungu and Daniel Daianu, 2012
Euro Plus Pact Adoption: Implications for Romanian Fiscal Policy
Daniel Daianu, Laurian Lungu and Ella Kallai, 2012
Anti-Crisis Measures on the Labour Market
by Laurian Lungu, 2010
Overview of specific labour market measures adopted in EU countries. Evaluation on Romanian policy changes (VAT, wage cuts) on consumption and tax revenues.
Poverty Impacts of Romanian Remittances from EU: Effects of Host-Country Migration Policies
by Ella Viktoria Kállai and Mircea Maniu, 2009