President Klaus Iohannis promulgated, on Friday, the law which includes the implementation of the visa for the digital nomads in Romania, namely it introduces a new purpose for getting a work permit in our country. According to the law which came into power, a digital nomad is the alien who is hired with a work contract to a company registered outside Romania and who offers services by the use of information technology and communications or who owns a company registered outside Romania, where he offers services through the use of information technology and communications and can provide the activity of employee or the activity in the company remote, by the use of information technology and communications. The long stay visa is granted, on request, to the digital nomads who want to travel and stay on the Romanian territory, while they continue to get income by working according to the work contract to a company registered outside Romania or through activities developed in a company registered by them outside Romania, by the use of information technology and communications, if they cover several conditions at the same time. Digital nomads, coming to Romania on the basis of a long stay visa, for other purposes, may request the prolongation of the temporary right of stay if they cover several conditions at the same time.
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
Romania celebrates its National Day this long weekend, when December 1 is a public holiday, as is St Andrew’s Day. At the same time, several Christmas markets are opening in Bucharest, Brașov, and Timișoara.
