Archive » April 2010 » 13 April 2010 The english news from 13 April 2010
Insurers pay more than 1 bn euros in car accidents
Insurers pay more than 1 billion euros last year in car accidents, a two-digit growth, in the context of premiums collected from Casco and RCA (civil auto liability) policies stagnated, reads Ziarul Financiar daily on Tuesday. Thus, total compensations paid by insurance companies for Casco and RCA policies reached 4.48 billion lei (1.06 billion euros)…
Romania, Egypt trade can attain 500 mln dlrs
Egypt is the main piece in the development of Romania's relation with Africa and the East, while the bilateral trade could reach 500 million dollars a year, chairman of the Bucharest Chamber of Commerce and Industry Sorin Dimitriu said during a meeting with visiting chairman of the Businessmen's Association of Egypt Hassan El Shafei on Friday…
Romania dropped six places in the top of states with highest risk for debts
Romania went down six places in the first three months of the year, being 15th, in a top of the countries according to the degree of risk to debts, after the reduction by 25% of the costs of the Romanian state to ensure the default risk, according to a report of the CMA Data Vision company…
Pension funds - 9.5 pct profitability rate in Q1
Mandatory private pension funds (Pillar II), with more than five million contributors in Romania, posted an average profitability rate of 9.5 percent in the first quarter of 2010 and of 24.2 percent in the past 12 months (March 2009 - March 2010), according to the Association for the Privately Administered Pensions in Romania…
Romania's 2007-2009 European fund absorption rate exceeds 10pc
Romania has absorbed more than 10 percent of the European grants allocated to it in 2007-2009 that was used for projects worth 8.4 billion euros, the Department for European affairs of the Romanian Government reports, citing from a recent report of the European Commission…
Fewer marriages, more divorces and a negative birth rate for February
The number of Romanians has decreased in February 2010 by 5,708 people, the number of births ( 16,418 children) being smaller than that of people who died ( 22,126) the official data coming from the National Institute for Statistics said. In January, the decrease of the population was 6,382 people…
MFP sells discount CDs worth RON 1.49 billion
The Ministry of Public Finance (MFP) on Monday raised RON 1.49 billion (nearly 0.35 million euros) through an issue of discount certificates of deposit, auctioned by the National Bank of Romania (BNR). The certificates of deposit mature in one year. The average weighted level of the discount finally agreed was 6.21 percent, down from an initial 5.84 percent…