Reuter’s news agency reports that of Romania’s 19 million population, less than five million are workers paying taxes, with most of the rest pensioners, children, subsistence farmers or people working illegally. Costs for the more than five million pensioners amounted to 9% of GDP in 2010.
Also, Romania, the EU’s second-poorest member with an average monthly wage of about €350, has had a 12% population drop in a decade, according to census data. Currently, about 25% of the population is over 65 and EU projections expect that to reach over 60% by 2060.
How will they pay for a deep retrofit strategy to help meet EU energy efficiency targets?
