The executive approved, on Wednesday, a draft law for the modification and completion of some normative acts in the field of foreigners, which establishes the possibility of revoking the visa or the right of temporary residence of seasonal workers, if the employer is liquidated, insolvent, does not carry out economic activities, does not has the debts paid or has been sanctioned recently, in the last 6 months, for certain contraventions.According to a press release from the Government, the draft law proposes the amendment and completion of OUG no. 194/2002 and OG no. 25/2014, to ensure the proper transposition of Directive 2014/36/EU on seasonal workers from third countries."Thus, the possibility of revoking the visa or the right of temporary residence of seasonal workers is established, if the employer is liquidated, insolvent, does not carry out economic activities, has not paid its debts or has been sanctioned recently, in the last 6 months, for certain contraventions. Also, the obligation of the seasonal worker to prove that he maintains the guaranteed minimum gross salary for the entire period of stay is eliminated," the release reads.Other changes refer to the application of professional training requirements only in the case of regulated professions, as well as to the establishment of compensations for the employee in case the visa or the right of residence are revoked for reasons not attributable to him, the quoted source states."Romania thus aligns itself with European requirements, ensuring better protection of seasonal workers from third countries," according to the press release.The draft law approved by the Government on Wednesday will be sent to the Parliament for debate and approval.
The president of the junior ruling Liberal Party, Nicolae Ciucă, urged prime minister Marcel Ciolacu "to urgently explain what he will do so that Romania does not lose the approximately EUR 1.1bn from the Resilience Facility" suspended by the European Commission for six milestones not met by the country. Ciucă thus validates the EUR 1.1bn […]
Ford Otosan announced on October 15 that it will open in November waiting lists for Romania customers interested in buying the new fully electric model E-Tourneo Courier, produced in the factory in Craiova. The first vehicle deliveries are expected in the first quarter of 2025. The E-Tourneo Courier Trend (passenger version), with a 100 kW […]
Two new private equity funds - Evolving Europe Principal Investments Fund II and Finance in Motion Renewables Growth Fund - will receive up to EUR 27.5 million under the national implementation of the Resilience Facility (PNRR) to invest in Romanian companies, the Romanian Ministry of Investments and European Projects (MIPE) announced. The Investment Committee appointed […]
UniCredit downgraded its 2024 growth forecast for Romania to 1.7% (from 2.4% in July) due to the poor performance in H1 and a slower-than-anticipated recovery in the EU, but it upgraded its 2025 outlook to 1.9% (from 1.3% in July) owing to base effects, according to the latest research report of the financial group. The fiscal...
The medium-term fiscal plan that Romania is supposed to send to the European Commission (EC) this month under the Excessive Deficit Procedure has among its objectives cutting the budget deficit to 2.4% in 2031 and bringing the public debt to GDP ratio under 60% by the end of the seven-year period (after possible deviations above […]
The European Commission announced on October 15 that it had endorsed a positive preliminary assessment of the six targets and 62 out of 68 milestones linked to Romania's third payment request for EUR 2 billion (net of pre-financing) under the Recovery and Resilience Facility. The Commission found that six milestones have not been...
