Alexandru Nazare, About Cutting the Wages of the Heads of State Companies: "We Didn't Talk About a Specific Percentage.
4 Articles
4 Articles
Finance Minister Alexandru Nazare said that there is no single percentage reduction in expenditure in state-owned companies, at the management level, and that each principal authorising officer must make his own analysis. He said that he expects proposals "in the shortest possible time, starting next week.
Finance Minister Alexandru Nazare said on Friday that he did not want the Executive to be "newly forced by the situation" to raise a fee. "Don't think that in 2025 we did it with an easy heart. We did it with a hard heart, because we had to save the rating", added Nazare. The Minister also said that earlier this week he sent an address to all the authorising officers to come up with proposals for spending cuts and institution fees, stating that …
The expenses of the state institutions will not come after the same recipe for all, after the Minister of Finance, Alexandru Nazare, has transmitted that no single percentage reduction has been established. Asked about a 10% cut in the funds for wages and car purchases, the Chief of Finance said that there is no [...]
Finance Minister Alexandru Nazare, at the 2026 Concordia Summit, said that he asked all the authorising officers to come up with proposals for the restructuring of budgetary expenditure. Nazare pointed out that the way in which expenditure will be reduced must start from the inside and not be imposed by the Government. It [...]
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