Romania’s Population Continues Decline In April 2017
Romania’s population continued its decline and registered 8,376 deaths in April – the equivalent of almost three average communes in the country – 43% more than in April 2016, mainly due to a lower natality, according to data from the statistics institute INS.
By comparison, in April 2016, the population decreased by 5,856 people.
In April 2017, a total 12,453 children were born, 2,600 (17%) fewer than in April 2016, and a total 20,829 people died, 80 (0.4%) fewer than in April 2016. (adevarul.ro)
RCA Insurance Policies More Expensive For Imprudent Drivers
The new law regulating mandatory car insurance policies (RCA) changes the bonus-malus system, which makes RCA prices different depending on one’s driving history.
The RCA bill was passed into law by President Klaus Iohannis at the end of May 2017 and becomes effective 30 days from its publication in the Official Gazette.
The bonus-malus system of the new RCA law brings variations to RCA policies for drivers involved in car accidents who will pay more than correct drivers. (adevarul.ro)
Piraeus Bank Plans To Sell Assets In The Balkans, Including In Romania
Piraeus Bank wants to sell its Balkan businesses, including in Romania, within a strategic plan.
Piraeus Bank, Greece’s largest bank by assets, aims to sell its Balkan businesses and certain other holdings and shrink its bad loans portfolio, its new chief executive told reporters on Wednesday, outlining the group’s plans up to 2020.
“Our vision is to be the most credible bank in Greece,” said CEO Christos Megalou, who took over in April.
The bank plans to slim down by selling wholly-owned subsidiaries in Bulgaria, Romania, Serbia, Albania and the Ukraine as part of its “Agenda 2020” plan to reduce its foreign exposures. (puterea.ro)
People’s Movement Party To File Simple Motion Against Health Minister
Eugen Tomac, the head of the group of PMP (People’s Movement Party) members in the Chamber of Deputies, said PMP, with support from the Save Romania Union (USR), will file a simple motion against Health Minister Florian Bodog.
Tomac said the motion is backed by USR and the Liberal Party (PNL) will convene on Tuesday to decide whether or not it endorses the planned motion. (romanialibera.ro)