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Vosganian: Wage rises could upset economic stability

Publicat la 02.10.2008, 21:00:00

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Vosganian: Wage rises could upset economic stability

Vosganian added that this could provoke unprecedented inflationary pressures and generate an explosion of the current account deficit. He also claimed that the wages of civil servants should not increase by more than 9 percent, and that a strike by this sector would lead to a blockage of the Treasury and financial administration units, which in turn could be an uncontrollable situation in Romania.

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