Bucharest loses HQ bid for new EU Customs Authority
The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.
The European Parliament and the Council have selected the French city of Lille to host the future EU Customs Authority (EUCA), following a final decision reached on Wednesday.
Government debt as a share of GDP rose in Q3 in both the eurozone to 88.5% from 88.2% in Q2, and in the European Union to 82.1% from 81.9%, according to data published by Eurostat.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
In 2023, the EU spent €1.72 trillion on healthcare expenditure, equivalent to 10.0% of the EU's gross domestic product, according to Eurostat.
Romania stands out in the European fiscal landscape with property taxation levels significantly lower than the EU average, according to an analysis by Cushman & Wakefield Echinox based on Eurostat data. This position has enhanced the attractiveness of the local real estate market and established a favorable tax framework for owners and investors.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.

Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.
Digi Communications continues to explore strategic options for its Spanish operations, including a potential initial public offering (IPO) of its subsidiary Digi Spain Telecom.
Romania's annual inflation rate will increase and remain at higher levels than previously forecast during March-June 2026, according to the minutes from the National Bank of Romania's monetary policy meeting held in early April.
Millennials aged between 30 and 45 contracted almost two-thirds of mortgage loans processed by Ipotecare.ro in 2025, according to an analysis based on over 1,000 intermediated financings and over 27,000 simulations.
Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.