National chairman of the Social Democratic Party (PSD) Marcel Ciolacu said on Wednesday that the Financial Oversight Authority (ASF) and the government "will make the best decision" regarding RCA third-party car insurance policies, adding that the deputy chairman of ASF asked to meet him on this subject .
Ciolacu was asked what he thinks about a 40% surge in RCA policy fees.
"You know very well that it is possible that bankruptcy will be announced. I am firmly convinced that the government of Romania will step in, as it did once before," said Ciolacu at the Parliament House.
He added that the ASF deputy chairman requested a meeting on this subject, and the chairman of ASF will meet Prime Minister Nicolae Ciuca. AGERPRES