EY: Romania Has One Of The Lowest Bank Relevance Scores In Europe
The relevance level of banks in Romania for local consumers stands at 73.4%, versus the global average bank relevance score of 75.1%, with significant differences based on age, education and income, according to an EY study based on 32 markets surveyed.
Romania has one of the lowest bank relevance scores in Europe. Except for Italy, with 71.6%, all the other European countries included in the survey have registered higher scores.
According to EY Romania representatives, local banks are below customers’ expectations in terms of current and new products and services. Thus, customers would take into account nonbanks for buying financial products as banks became less relevant in providing banking products. (Adevarul)
German Group Bayer Buys U.S. company Monsanto For $66B
German group Bayer bought U.S. company Monsanto for $66 billion, marking the most important financial transaction of the year.
Bayer operates in the sector of chemical and pharmaceutical products, as well as in the agriculture sector. In its turn, Monsanto is the world’s largest producer of genetically modified seeds. (Romania Libera)
PSD President Liviu Dragnea Says PSD Won’t Support Dacian Ciolos As PM
PSD president, Liviu Dragnea, posted on Facebook that PSD will not support Dacian Cioloș for the position of Prime Minister, adding that nobody can refuse a party coming “with a clear majority”.
”I think it will be difficult, even impossible for somebody to refuse a party coming to Cotroceni Palace with a clear majority. In fact, PSD will consider it wins the elections only if it names the PM. I really hope we get over 50% and go to Cotroceni with an alternative for PM. PSD will definitely not support Dacian Ciolos,” Dragnea posted on Facebook. (Puterea)
Legal Committee Approves DNA Request On Start Of Prosecution For Gabriel Oprea
The Legal Committee of the Senate approved the request of the National Anticorruption Department (DNA) on the start of prosecution of ex-Interior minister Gabriel Oprea for involuntary manslaughter in the case of the death of policeman Bogdan Gigina.
The vote of the Legal Committee is a consultative one and the plenum of the Senate will decide next week on the start of the prosecution for Gabriel Oprea.
Gabriel Oprea said that, at the time of the accident, Gigina, who was part of a motorcade accompanying him, was involved in the deadly accident due to a hole on the roadway, adding that the car he was in did not exceed the legal speed. (Adevarul)
Deputy PM Vasile Dincu Won’t Run For Parliamentary Elections
Deputy PM Vasile Dincu told Realitatea TV he would not run for parliamentary elections as he is not interested in politics, but he will stay close to the political stage as a journalist, commentator and professor.
“The future government will be a government resulted after the elections, a political government. (…) I will probably not go too far from the political stage as a journalist, commentator and professor (…) but I will definitely not run for this round of elections. I will only return to politics in a similar way, in an independent government,” Dincu said. (Evenimentul Zilei)