house

Building a 100 sqm house near Bucharest costs between EUR58,000 and EUR80,000, since the economic crisis slashed construction and plot prices, according to a study of Romanian realty website imopedia.ro.

The Romanian Government and the banks plan to reduce the approval intervals for the application files within the “First House” program and to propose prolonging the deadline for signing the house transaction pre-contracts by up to 20 days.

The Romanian Government guarantee for the “First House” program will equally target the people taking loans for building a house, according to completions made by the Cabinet at the program’s methodological norms.

One currency exchange house in eastern Romanian city Galati was robbed, Saturday, around 09:30 local time, by two masked individuals who threatened the cashier with a gun and made off with some RON15,000 without harming anyone.