PwC Romania: Recreational tourism market in Romania could increase, as annual average, by 30pct until 2021

 The recreational tourism market in Romania could increase, as an annual average, by 30pct, until 2021, up to a value of 240 million lei, given that for 2018 it is being estimated at 36 million lei, shows a PwC survey on the impact of a reduced VAT rate on recreational services, presented on Monday in a speciality conference.Specialists believe that applying a reduced VAT rate of 9pct for recreational services would generate a positive impact of some 340 ...

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