Economy

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.



Like this

loading...
loading...

Latest


15 September 2017
Energy Transfer Equity, Earns "Buy" Recommendation at Royal Bank Of Canada
Wolfe Research reiterated a market perform rating on shares of Energy Transfer Equity, L.P.in a research note on Friday, May 12th. ILLEGAL ACTIVITY WARNING: This report was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal.

15 September 2017
Lady Gaga cancels performance: 'I'm in severe pain'
Her tour is scheduled to continue on September 21, but it's unclear if she will maintain her schedule as planned. Gaga also shared an official announcement of the cancellation.

15 September 2017
Celgene Corporation (CELG) Shares Sold by 1832 Asset Management LP, Report finds
The company has a market capitalization of $110.45 billion, a price-to-earnings ratio of 43.72 and a beta of 1.89. The Wyoming-based Friess Associates Limited Liability Company has invested 0% in Sherwin-Williams Co (NYSE:SHW).

15 September 2017
Vmware, Inc. (VMW) Shares Sold by Rhumbline Advisers
For VMW , the company now has $3.55 Billion of cash on the books, which is offset by $680 Million current liabilities. Zacks Investment Research cut Vmware from a "buy" rating to a "hold" rating in a research note on Tuesday, May 30th.

15 September 2017
Acorda Therapeutics, Inc. (ACOR) Expected to Announce Earnings of $0.65 Per Share
Moreover, Highbridge Management Limited Liability has 0.05% invested in E*TRADE Financial Corp (NASDAQ:ETFC) for 83,980 shares. National Asset Mngmt Incorporated invested 0.04% of its portfolio in Hasbro, Inc. 192,220 are held by Deutsche Fincl Bank Ag.

15 September 2017
Activision Blizzard, Inc (NASDAQ:ATVI) Stock to Keep Your Eyes on
Also, Chief Executive Officer Riccardo Zacconi unloaded 19,761 stocks of the firms shares in a trade dated Fri, Aug 18th. The firm has a market capitalization of $29.53 billion, a price-to-earnings ratio of 34.49 and a beta of 1.03.

15 September 2017
A Decision on DACA is Imminent
DACA protects approximately 800,000 undocumented immigrants who were brought to the U.S.as children before 2012. It allows illegal immigrants that came to the United States as children to apply to defer deportations.

15 September 2017
Russell Investments Group Ltd. Buys New Stake in Dollar Tree, Inc. (DLTR)
Investors who took positions in shares of Skyworks Solutions, Inc. (NASDAQ:DLTR) on Thursday, August 24 with "Buy" rating. BidaskClub raised shares of Dollar Tree from a "hold" rating to a "buy" rating in a research note on Tuesday, August 8th.

15 September 2017
Harrison Ford Addresses Carrie Fisher's Memoir in Interview with 'GQ'
While most of the book went over the Hollywood actor's flaws and her journey towards adulthood, it also spent some time detailing her affair with her co-star, Harrison Ford .

15 September 2017
United Kingdom arbitration court instructs Vikram Bakshi to sell CPRL stake to McDonald's
Vikram Bakshi, who was removed by McDonald's Corp as the head of its India joint venture four years ago, has got a shot in the. However, McDonald's challenged this order in the National Company Law Appellate Tribunal (NCLAT) where the appeal is pending.