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Coronavirus: Real Estate Update

March 27, 2020 3:43 am Published by

Having in view the constraints and economic implications expected to affect the construction field as a result of the current COVID-19 pandemic crisis, the Employers’ Federation of Building Companies – FPSC – has requested the Romanian Government to undertake urgent legal measures for the benefit of investors, developers and the construction workers such as fiscal indemnifications and exemptions, prolongation of loan payments and exemptions from the related interest throughout the duration of the crisis.