Real estate | 11 July, 2025 at 11:23 AM
Final weeks for lower VAT at resi purchases in Romania
The VAT for new home purchases will climb to 21% starting next month, as part of Romania's effort to balance its public finances.
The VAT for new home purchases will climb to 21% starting next month, as part of Romania's effort to balance its public finances.
Romania has officially joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative by the European Commission and the European Investment Fund (EIF).
The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
Romanian private healthcare network MedLife is investing €3 million in genetic testing and will launch a large-scale genetic testing program.
Romania's trade deficit rose by 16.4% in the first five months of this year compared to the same period last year, reaching €14.32 billion.