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21 November 2017
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Housing related social protection in Romania plunges

03 October 17 - RE+D Magazine
Housing related social protection in Romania plunges

COMPANIES

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Romania was among the last countries in European Union for the expenditure allocated from the national GDP for social protection related to housing.

 

Romania spent less than 0.1% of its GDP, similar to other countries such as Bulgaria, Estonia, Croatia, Cyprus or Slovakia.

Great Britain ranked first, with 1.3% of its GDP spent on social protection related to housing, according to EU’s statistical office Eurostat.

The EU member states allocated almost €81 billion on social protection for housing in 2015, or 0.5% of EU’s GDP.

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