In 2020, 70% of the population in the EU lived in a household owning their home, while the remaining 30% lived in rented housing. The highest shares of ownership were observed in Romania, where 96% of the population lived in a household that owned their home, followed by Slovakia (92%), Hungary and Croatia (both 91%). In all Member States, except for Germany, owning is most common. In Germany’s case, half of the population lived in a household owning their home and the other half in a rented home. The shares of homeownership were lowest also in Austria (55%) and Denmark (59%). Eurostat data also show that, at EU level, 53% of the population lives in a house and 46% in an apartment, while the remaining 1% live in another type of space such as a house on rivers, caravans, etc. Ireland with 92% is the country with the highest percentage of people living in a house, on the other hand being Spain where 66% of people live in an apartment. In Romania, 65.9% of the inhabitants live at home and 34.1% live in an apartment. But Romania ranks last in the EU when it comes to housing size, measured by the average number of rooms per person. While in the EU the average is 1.6 rooms for one person, in Romania it is 1.1 rooms for one person. The best in this respect are Malta with 2.3 rooms per person, followed by Belgium and Ireland, both with 2.1 rooms per person. Also, when it comes to the quality of housing, which can be measured in several ways including the percentage of the population living in a crowded home, Romania is the country with the highest congestion rate (45.1%), while At EU level, less than 18% of the population lived in a crowded home in 2020, down from 19.1% in 2010.
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
