The Central Insolvency Commission, a Romanian state institution dealing with personal insolvency, has calculated that a two-parent family with two children, residing in the city, can live reasonably on RON 2,600 (EUR 557) per month. This is the minimum value of the consumer basket that provides a reasonable monthly living for a family of four, according to the institution.
For a family of four living in rural areas, the sum goes down to RON 2,100 (EUR 450).
The commission came up with the numbers based on a study of a task group including representatives from the Labor Ministry, the Romanian Academy, the National Prognosis Commission, the National Institute for Scientific Research on Labor and Social Protection, and the …
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