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

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
May to give speech in Florence on new `Special Partnership' with EU
Speculation about Mrs May's speech was sparked when EU Parliament negotiator Guy Verhofstadt claimed an "important intervention" would be made by the PM.

15 September 2017
Zurcher Kantonalbank Zurich Cantonalbank Decreases Stake in Adobe Systems Incorporated (ADBE)
The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Outperform" rating by RBC Capital Markets on Friday, December 11. Separately, Executive Vice President Donna Morris unloaded 5,000 stocks of the firms shares in a trade on early Fri, Jun 23rd.

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
Hillary Clinton: 'The Russians Are Still Going at Us'
She also expressed that voter identification laws, which she labeled "voter suppression", was also responsible for her loss. I would have done everything I could to get to the bottom of it because it's not going to stop.

15 September 2017
Dell Visor Windows Mixed Reality Headset now available for pre-order
Ultra PCs will get you the full experience, while PC's running integrated graphics will get you 60Hz refresh rates. It is now available for pre-order on Dell .com in the United States and Dell.co.uk and PC World in the UK.

15 September 2017
Two coaches murdered at the Laudium Club
Police have urged any with information to inform their nearest police station or contact 0860 10111. The other two me were found severely assaulted in one of the rooms they stayed in.

15 September 2017
Lloyds Banking Group PLC (LLOY) Trading 2.2% Higher
Private Advisor Group LLC increased its stake in shares of Lloyds Banking Group PLC by 199.6% in the 1st quarter. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.



Recommended