BUSINESS

Franks: If you raise salaries by 18 pc, you have to fire people

Romanians could have salaries higher by 18 per cent next year only if more people will be fired, Jeffrey Franks, the head of the International Monetary Fund Delegation (IMF) in Romania, said on the Money Channel, Realitatea.net reports. He however admitted that small raises are possible without the salary fund…...

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