Archive » June 2009 » 16 June 2009The english news from 16 June 2009
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16 Jun 2009 Romania's insurance market could lose 5-10% on the unit-linked segment this year, insurer estimates Romania's unit-linked insurance market could drop by 5-10 percent this year, while the life insurance segment may win 1-2 percent, predicts Generali Asigurari, the Romanian unit of Italy's bigger insurer Assicurazioni Generali Spa. Ovidiu Racoveanu, life insurance director with Generali Asigurari, explained that consumers are now focusing more on traditional products and less on products with stock exposure… read more
- 16 Jun 2009 Top salaries county by county Employees working in Bucharest earned twice as much in 2008 as those in living in Bihor, Calarasi, and Harghita counties, where the average net salary does not exceed €240. Among top salaries in Romania, Bucharest employees rank first, with RON 1,700 per month (€460), followed by Ilfov County, with RON 1,500 (€400), some 50 percent above the country average, according to a report by the National Prognosis Commission (CNP)… read more
- 16 Jun 2009 Romania Must Be Prepared For Possible Gas Crisis Romania must find solutions to prevent a potential natural gas crisis during the winter, Economy Minister Adriean Videanu said Monday. "We must find solutions in case Romania faces a natural gas crisis during the winter period. We must make sure the entire gas storage capacity of 3.015 billion cubic meters is being used and that all this quantity will be further stored;… read more
- 16 Jun 2009 Euro-RON exchange rate at the discretion of the foreign banks The EUR-RON exchange rate is very difficult to predict because it reacts very little to the economic changes from Romania and depends considerably on the speculations of some major foreign banks and, respectively, on the control of the National Bank of Romania and on the extent to which BNR copes with the respective "attacks," an X-Trade Brokers analysis shows… read more
4.3529 RON
3.2831 RON
