Prime Minister Marcel Ciolacu has announced the extension of the price cap on motor insurance policies until June 30, 2025, to prevent price increases
Ovidiu Firescu
Current Affairs
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Prime Minister Marcel Ciolacu has announced that the price cap on MTPL policies will be extended for another three months, until June 30, 2025, following a proposal by the Financial Supervisory Authority. This measure, which continues the December 2024 decision, aims to prevent market imbalances and possible price increases, ensuring stability in the Romanian motor insurance sector.
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