According to the Governor of the National
\nBank of Romania Mugur Isarescu, Great Britain’s decision to leave the EU has
\neffected the financial markets in Romania to a lesser extent than those of the
\nother countries in the region. This does not mean, however, that the impact
\nwill not increase in the future. Mugur Isarescu has underlined the fact that
\nthe result of the referendum held in the UK has increased the level of
\nuncertainty on international markets. Isarescu has also stated that the annual
\ninflation rate remains negative for a longer period of time than the Central
\nBank had initially estimated, but at lower values, following the disappearance
\nof the effect of the drop in the VAT on foodstuffs in June 2015 and the low
\nprices of imported goods. On Thursday, the Central Bank decided to maintain the
\nmonetary policy interest rate at 1,75% per year. Also, the current levels of
\nthe minimum mandatory reserves that banks must have at the National Bank have
\nbeen maintained.<\/p>\n
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The Romanian Institute for
\nPublic Policies is deeply worried by the many racist and xenophobic
\nmanifestations against Romanians who live in great Britain and calls on the
\nForeign Ministry in Bucharest to take measures. In a press release,
\nrepresentatives of the Institute say that it’s the responsibility of the
\nRomanian state to take additional measures through its diplomatic and consular
\nmissions in Great Britain, in order to promptly intervene and support the
\napproximately 200,000 Romanians who are now faced with the risk of being the
\nvictims of severe acts of intolerance.<\/p>\n
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US President
\nBarack Obama has said the UK vote to leave the EU raises longer-term concerns
\nabout global growth. He has also called for an orderly process for the British
\nexit. In Paris, the French finance minister Michel Sapin has told the BBC that
\neverything is on the table in the EU’s negotiations with the UK, including the
\nfreedom of movement. In London, prime minister David Cameron’s office has
\nunderlined that replacing 40 years of agreements between the UK and the EU may
\ninvolve a long and complicated process.<\/p>\n
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Slovakia on Friday will take
\nover the EU’s 6-month rotating presidency from the Netherlands. The main
\nchallenges of its presidency are the UK vote to leave the European Union and
\nthe situation of the refugees. Slovakia’s left wing prime minister Robert Fico
\nhas stated he is expecting a difficult presidency. The 27 member states
\nremaining in the EU after the UK exit must find the necessary strength to
\nembark on a profound reform of the EU’s fundamental policies, Fico has also
\nsaid. A former communist country in Central Europe, Slovakia has been under
\ncriticism for its response to the refugee crisis. The authorities in Bratislava
\nhave, in fact, submitted a complaint to the European Court of Justice against
\nthe introduction of obligatory migrant quotas established by the EU.<\/p>\n
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\n
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The United States will be
\ntaking additional security measures in the run-up to the 4th of July
\nholiday following Tuesday’s terrorist attacks at the Ataturk airport in
\nIstanbul, Turkey, in which 42 people were killed and more than 200 injured, US
\nflight security experts and officials have said. The CIA director John Brennan
\nhas said the attack bears the hallmark of the
\nIslamic State group and has warned the group may also carry out attacks in the US.
\nThe additional security measures include a more visible presence of security
\nforces carrying weapons and tactical gear and an increase in the number of
\npassenger checks, screenings and complex verifications. Approximately 43
\nmillion Americans are expected to travel for the 4th of July.<\/p>\n
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Romanian tennis Simona Halep,
\nnumber 5 in the WTA rankings, on Thursday won the match against the Italian
\nFrancesca Schiavone, ranked 111th in the WTA classification, 6-1 6-1, in the
\nsecond round at Wimbledon, the third Grand Slam tournament of the year. For a
\nplace in the final eighths, Halep will play against the Dutch Kiki Bertens,
\nranked 28th. Also on Thursday, the 47th-ranked Romanian Monica Niculescu
\ndefeated the Serbian player Aleksandra Krunic 6-1, 6-4 and qualified for the
\nsecond round, where she will taken on the Swiss Timea Bacsinszky.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
A roundup of domestic and international news<\/p>\n","protected":false},"author":113,"featured_media":100004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[],"coauthors":[],"class_list":["post-101151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsflash"],"acf":[],"yoast_head":"\n