Romanian Govt Approves Ordinance Capping Salaries Of State-Owned Co Managers

The Romanian Government approved an ordinance which caps the salaries of state-run companies’ managers in 2011 at last year’s level, Prime Minister Emil Boc said Friday evening.

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Romanian Govt Approves Ordinance Capping National Cos Managers’ Salaries

The prime minister stressed that the measure will also apply to members in state-owned companies' boards.

The ordinance was approved in the Government's Friday meeting.

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