The European Commission has revised downward its forecast for Romania’s economic growth and public deficit
The European Commission has downgraded its forecast for Romania in 2017, as fas as economic growth and public deficit are concerned and has warned that the plan of unitary wage bill poses a significant risk for the financial objectives. It also expects an increase in inflation, in 2017, followed by a 3% increase next year. The Commission also anticipates a recession of the current account deficit, because of import increase sue to the pressure of internal demand and modest level of exports, according to the economic situation of foreign partners and the erosion of domestic competitiveness, as wages increase before the productivity does. On the long term, the Commission foresees an economic slowdown based on consumption, as fiscal stimuli that encourage growth will fade out.
The European Union might lift special justice monitoring on Romania by 2019, the President of the European Commission says
Romania should be able to convince the European Union to lift special monitoring of its justice system by the time it takes over the presidency of the EU Council in 2019, European Commission President Jean-Claude Juncker said on Thursday. The EU has monitored the justice systems of Romania and Bulgaria since they joined the bloc in 2007. „I will militate with Romanian authorities to guarantee the irreversibility of reforms,” Juncker told Romania’s parliament on an official visit. He also said the citizens who stood up for the rule of law were Romania’s biggest advantage. Later, on a visit to President Klaus Iohannis, Juncker said justice monitoring should end by 2019. „One cannot preside over the EU while under the impression that one is controlled, observed,” he said, adding Romania should also be allowed into the EU’s passport-free Schengen zone by that time.
The body of the Romanian woman who died in London terrorist attack in March is to be repatriated on Thursday
The Romanian Embassy in the United Kingdom has announced that the body of the Romanian woman, who died during the terrorist attack in March, in London, will be repatriated on Thursday. Andreea Cristea will be buried in the city of Constanta, on Saturday. All costs for the funerals, including transport to Constanta, will be covered by the Romanian Embassy in London, from funds assigned for crisis situations in the budget of the Foreign Affairs Ministry. Andreea Cristea, aged 31, was the fifth victim of the March the 22nd terrorist attack, when a man has rammed his car into the crowd on Westminster Bridge. She was operated in London and died on April 7th.
Mădălina Brotăcel – Agenţia de presă RADOR
