Romania Faces €770 Million Loss in EU Recovery Funds Over Wage Law

Bucharest risks forfeiting substantial European Union financial support after failing to pass legislation establishing a unified national wage structure.

26 Aug, 18:16 — 26 Aug, 18:16

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bloombergHigh13h ago

Romania Risks Losing €770 Million in EU Funds After Wage Law Failure

Romania is poised to lose about €770 million ($816 million) in recovery funding from the European Union after it failed to approve a unified wage law.

By Andra Timu

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Romania Faces €770 Million Loss in EU Recovery Funds Over Wage Law

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Romania Risks Losing €770 Million in EU Funds After Wage Law Failure

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