News » December, 2010 » 17 December 2010
Will private pension assets reach the 1bn-euro mark?
17.12.2010, 00:04 | Finance-Banks | 725 views
The value of assets managed by mandatory private pension funds, pillar II, reached 4.15bn RON (967m euros) in late November, only 3% up from the previous month, according to the data provided by the Private Pension System Supervision Commission (CSSPP). Thus, reaching the 1bn-euro mark in terms of assets by yearend, which the entire market had expected, is still uncertain as the sum of contributions transferred from the state budget, plus the yields generated from investments must hit 33m euros in December. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
