Romania extends salary guarantee for Liberty Galați workers to 12 months

Romania's government extended the Guarantee Fund payment period for salaries of Liberty Galați employees in preventive conciliation from six to 12 months, raising the ceiling to 12 gross average salaries per worker. This follows the steel plant's financial distress and aims to protect jobs while the company restructures. The move signals state support for a strategic employer but does not resolve underlying solvency issues.

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