Romania's inclusion in the U.S. Visa Waiver Program will be celebrated on Friday in Washington D.C and Bucharest.The event in Washington D.C will take place at the headquarters of the U.S. Department of Homeland Security, in the presence of the US Secretary of Homeland Security, Alejandro Mayorkas, and Romania's Ambassador to the US, Andrei Muraru. During the ceremony, the representative of the US government will officially inform the representative of the Romanian state about the decision of the US authorities to admit Romania to the Visa Waiver Program (VWP), communicating at the same time the technical details and the effective activation date of the new travel regime for Romanian citizens.An official event will also take place in Bucharest to mark the decision of the US authorities regarding Romania's inclusion in the Visa Waiver Program. It will take place at the Victoria Palace of Government, starting at 15.00, and will be attended by the President of the Senate, Ilie Bolojan, and Prime Minister Marcel Ciolacu.***Following the decision of the US Federal Government, Romania becomes the 43rd participant in the US Visa Waiver Program.The US Department of State confirmed on November 27, 2024 that Romania recorded a visa refusal rate of 2.61% in the fiscal year 2024 (October 1, 2023 - September 30, 2024), thus fulfilling one of the main requirements to be included in the Visa Waiver Program.In addition to the refusal rate criterion, Romania's access to the Visa Waiver Program required the fulfillment of essential requirements related to the security of travel documents, the exchange of information, the implementation of concrete measures to combat terrorism and illegal migration.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
