The government extends the price cap on RCA policies for another three months

"We are extending the price cap on RCA policies for another three months, until June 30, 2025, at the proposal of the Financial Supervisory Authority," announced Prime Minister Marcel Ciolacu on Thursday, at the start of the Government meeting. Ciolacu explained that the aim is to avoid price increases. "We want to prevent both imbalances in the market and possible price increases," the Prime Minister added. The Government established, in Decemb…

Prime Minister Marcel Ciuolacu announced on Thursday, at the start of the Government meeting, that the price cap on RCA policies is being extended until June 30.

The government will extend the mechanism for capping RCA prices by another 3 months, until June 30, 2025, at the proposal of the Financial Supervisory Authority, Prime Minister Marcel Ciolacu announced on Thursday. "We want to prevent both imbalances…

The Minister of Finance, Tanczos Barna, provided clarifications after the measure of extending the price cap on RCA policies. "Those elements that led to the initial capping of...

The government has decided to extend the cap on RCA policies by another three months, with the new deadline set to June 30, 2025, according to an announcement made on Thursday by Prime Minister Marcel Ciolacu. This measure was proposed by the Financial Supervisory Authority (ASF) and aims to prevent imbalances in the car insurance market and avoid possible price increases. "We are extending the cap on RCA policies by another three months, until …

Prime Minister Marcel Ciolacu announced on Thursday, at the start of the Cabinet meeting, that the price cap on RCA policies will be extended until June 30.