Romania risks downgrade to junk status: pensions and salaries possibly frozen in 2027
Romania could be downgraded to junk status by an international ratings agency at the end of the month. Analysts are warning of a pension and salary freeze next year.
Foto ilustrativăRomania risks receiving a junk rating from an international credit rating agency, with a verdict expected before the end of this month. Such a decision would put enormous pressure on the state budget, and analysts warn that pensions and salaries could remain frozen in the coming year as well.
Meanwhile, inflation continues to erode pensioners' purchasing power on a daily basis. According to figures presented, rising prices are costing pensioners between 140 and nearly 500 RON per month, depending on the size of their pension.
By how much does inflation of 10.9% reduce the purchasing power of pensions?
- Pension of 1,500 RON – loss of 147 RON
- Pension of 2,000 RON – loss of 197 RON
- Pension of 2,500 RON – loss of 246 RON
- Pension of 3,000 RON – loss of 295 RON
- Pension of 4,000 RON – loss of 393 RON
By how much should pensions increase from January?
The calculation formula is based on inflation plus 50% of the real growth in the average gross wage across the economy. Based on an estimate of 12%, the increases should be as follows:
- Pension of 1,500 RON – increase of 180 RON
- Pension of 2,000 RON – increase of 240 RON
- Pension of 2,500 RON – increase of 300 RON
- Pension of 3,000 RON – increase of 360 RON
- Pension of 4,000 RON – increase of 480 RON
Content paraphrased and adapted by SeniorHelp from verified public sources.
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