Pension funds administrators to intently watch troubled European economies - supervisory body

The private pension funds administrators should ‘intently' watch the events taking place in the economies of Greece, Ireland, Portugal, Spain and Italy, which are countries likely to face difficulties mainly caused by the high levels of their public debts as share of the GDP, since the negative developments in these economies could hit the international financial markets, the Romanian Commission for the Private Pension Funds Supervision recommended on Tuesday.The body, in a ...

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