values

The values included in the Romanian guide or real estate property will be reduced by 15%, experts told the Bucharest Chamber of Notaries Public, adding this correction was needed because of the “atypical evolution of the real estate market" prompted by the economic crisis.

The Romanian pollution tax will also triple for Euro 4 cars with engine capacities higher than 2,000 cc, as the Government Ordinance approved Thursday exempts all owners of cars with cylinder capacities below the mentioned value from paying the tax.