Romania has not issued visas to the delegations of Russia and Belarus to participate in the OSCE Parliamentary Assembly session . The OSCE PA session will be held in Romania from June 29 to July 3. "The Romanian authorities have decided not to allow the Russian delegation to participate in the annual session of the OSCE PA. This measure will be applied to all members of the delegation, parliamentarians, and technical staff. The decision is also directed against Belarus, which supports the war started by the Russian Federation," said Romanian Foreign Ministry spokesperson Radu Filip. As the Foreign Ministry spokesperson explained, the decision of the Romanian side is based on Romania's known and consistent position on Russia in the context of the ongoing war of aggression against Ukraine. The Organization for Security and Cooperation in Europe (OSCE) is the world's largest regional intergovernmental security organization. It brings together 57 countries from Europe, Asia, and North America. Russia, Belarus, and Ukraine are among the OSCE members. In February 2024, the OSCE activated the Moscow Mechanism to investigate civilian Ukrainians held hostage by Russia.
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 […]
