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Companies that hire the unemployed will be exempt from social-security tax

Romanian Times

Romanian Prime Minister Emil Boc said today (Mon) the government would issue a normative act by the end of the month temporarily exempting companies hiring unemployed people from paying social-security tax.

Boc said the government would do so to help businesses and ease employment. He said the act would be adopted by the end of February.

Romania's unemployment rate hit a near seven-year high in January, rising to 8.1 from 7.8 per cent in December, according to data released by the country's employment agency (ANOFM). Romania has 740,982 jobless people.




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