Romania’s Govt To Cut As Many Jobs As Needed To Make System Function Efficiently – Fin Minister

Romania’s Finance Minister Sebastian Vladescu said Sunday on private television ProTV the Government will cut as many jobs as the system needs to function efficiently, adding layoffs will continue until a proper balance between the public sector and the private sector is achieved.

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The minister said the precise number of layoffs is not known at the moment, adding the Government's objective for 2010 is to cut staff expenses.

The minister said the number of employees in the public sector decreased by 36,000 in 2010 compared to last year, and highlighted that a proper balance between the public sector and the private sector has not yet been achieved.

Finance Ministry secretary of state Gheorghe Gherghina said in April the number of occupied jobs in the public sector decreased by 36,404 in the December 2008 and February 2010 interval to 1,362,463, from 1,398,867 occupied jobs.

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