European Union needs Bulgaria, Romania in Schengen area 'immediately' - Juncker

European Union needs Bulgaria, Romania in Schengen area 'immediately' - Juncker”

Romania and Bulgaria should be allowed to join the European Union's border-less Schengen area because they meet all the technical criteria, European Commission President Jean-Claude Juncker said. Recently, he invited Bulgaria and Romania to join borderless Schengen area as soon as they can. "Sometimes I have the impression that there are those in Turkey who want to pull up all the drawbridges and later blame the EU for the failure of accession talks", the European Commission President said.

President Klaus Iohannis is welcoming a proposal of the President of the European Commission, Jean-Claude Juncker, for Romania's Sibiu City to host a European summit in 2019, while particularly appreciating the unity message of the European Union and the strengthening of the European design.

Moreover, Juncker proposed to organize a summit in Romania on March 30, 2019, to set out the European Union future after Brexit.

The power of the European Union in its solidarity, that's why United Kingdom will "soon regret" leaving EU, added Juncker in his speech.

"That would be the right moment to take very important decisions, essential decisions in fact, to shape a more united Europe, a stronger and more democratic Europe", Juncker said in his annual State of the Union address in the European Parliament. Romania remains a partner deeply attached to the European idea and fully involved in efforts to advance integration in a formula of unity and cohesion, without fragmentation among member states. It is politically controlled by the group of its countries' finance ministers, the so-called Eurogroup.

The Hungarian forint hit a two-month low on Wednesday, extending a weeks-long downward drift as investors looked to a meeting next week at which the central bank is widely expected to loosen monetary conditions further.

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