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FinMin Teodorovici: Gv't decides new way of calculating minimum share capital of private pension funds

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has decided a new way of calculating the minimum share capital of private pension funds, Minister of Public Finance Eugen Teodorovici announced on Thursday.

"Today we have adopted in the Government meeting the necessary modifications for the optimal operation of private pension managers and the diversification of the investment sphere in order to protect the interests of contributors to pension pillar II and to strengthen the perspective of a secure pension. (...) In this sense, with the agreement of pension fund managers, we have decided to increase the total share capital

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