{"id":102107,"date":"2017-07-19T13:38:00","date_gmt":"2017-07-19T10:38:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/19-july-2017-102107.html"},"modified":"2024-02-15T20:09:10","modified_gmt":"2024-02-15T18:09:10","slug":"19-july-2017","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/newsflash\/19-july-2017-id102107.html","title":{"rendered":"19 July, 2017"},"content":{"rendered":"<\/p>\n

Republic of Moldova visit. <\/strong>The Romanian prime minister Mihai Tudose travels
\nto the majority Romanian speaking Republic of Moldova on Friday. He is due to
\nmeet this country’s pro-western prime minister Pavel Filip for talks on
\nexpanding bilateral cooperation and Bucharest’s support for Moldova’s European
\npath. The media in Chisinau note that the agenda of the Romanian prime minister
\ndoes not include talks with the republic’s pro-Russian and Socialist president,
\nIgor Dodon. Moldova is the second foreign trip made by Tudose since he took
\noffice at the end of June. He first travelled to Brussels last week, where he
\ntold EU officials that Romania has the immense task of ensuring that Moldova
\nstays on its pro-European course.<\/p>\n

<\/p>\n


\n
\n
\n <\/p>\n

Romania-Serbia.<\/strong> Romania supports neighbouring Serbia in
\nits bid to join the European Union and is ready to intensify cooperation for a
\nfurther development of its traditionally good relations with Serbia, said
\nRomania’s ambassador in Belgrade Oana Cristina Popa during talks with the
\nSerbian labour minister Zoran \u0110or\u0111evi\u0107. The latter thanked Bucharest for its
\nsupport and called for better cooperation in his field. A constant supporter of
\nSerbia’s territorial integrity, Romania is one of the five EU member states yet
\nto recognise the independence of the southern province of Kosovo with a
\nmajority Albanian population, but has urged Belgrade to respect the rights of
\nthe sizeable ethnic Romanian minority in Vojvodina and in Timoc Valley, in the
\neast.<\/p>\n

<\/p>\n


\n
\n
\n <\/p>\n

Brexit effects.<\/strong> The Brexit effect on the local
\neconomy may translate into a drop in external demand for Romanian products and
\nin the flow of direct foreign investments, the National Bank of Romania
\nestimates. In a report assessing the implication of Brexit on the Romanian
\neconomy, central bank experts believe the direct and predictable negative
\neffect in the medium run includes the diminution of the European budget and
\nthus of structural funds. The amount of Romania’s trade exchanges with the UK
\nis relatively low, with exports to Britain accounting for less than 5% of total
\nexports and imports accounting for 2% of total imports. On the other hand, the
\nUK has become a destination for Romanian migrants relatively recently, when
\nlabour restrictions were lifted on the 1st of January 2014. The UK
\nis expected to leave the European Union in the first half of 2019, when Romania
\nwill be holding the rotating presidency of the EU Council. <\/p>\n

<\/p>\n


\n
\n
\n
\n
\n <\/p>\n

Loan.<\/strong>
\nThe European Investment Bank is to
\ngrant a loan of 1 billion euros to Bucharest to co-finance priority transport
\ninfrastructure projects benefiting from European structural and investment
\nfunds. The loan has a maturity of up to 25 years, including a 7-year period of
\ngrace, with each withdrawal being considered a loan in itself, with its own
\nmaturity and period of grace. The loan will cover the state budget contribution
\nthat co-finances priority transport projects under the Large Infrastructure
\nOperational Programme 2014-2020. The investments will benefit from
\nnon-reimbursable funds from the EU and will be used to promote sustainable
\ntransportation and eliminate obstructions in the transport infrastructure
\nnetwork. Emphasis will be placed on multimodal transport systems and reducing
\nthe impact of transport on the environment, the relevant Romanian ministry says
\nin a press release. <\/p>\n

<\/p>\n


\n
\n
\n <\/p>\n

NATO exercise.<\/strong> Around 1,000 military from 16 NATO member states are
\nparticipating in an air defence exercise known as TOBRUQ LEGACY 2017. Drills
\nare held today as part of this exercise at the shooting range in Capul Midia,
\nsouth-eastern Romania, and involve troops from Romania, the US and Slovenia.
\nTOBRUQ LEGACY 2017 is hosted by three countries, the Czech Republic, Lithuania
\nand Romania, and forms part of the Saber Guardian 2017 exercise. Aimed at
\nenhancing interoperability between different air defence forces in Europe, Saber
\nGuardian is the largest exercise carried out in this part of Europe, involving
\n25,000 military from 22 allied and partner states. <\/p>\n

<\/p>\n


\n
\n
\n <\/p>\n

Ranking.<\/strong> Romania is one of the countries to
\nmake greatest progress in terms of the ability to adjust to significant changes,
\nshows a report published on Wednesday by the consultancy firm KPMG and quoted
\nby Reuters. Romania now ranks 49th, up 32 places from 2015, in a
\nranking made by KPMG. Romania is behind countries like the Czech Republic,
\nPoland and Hungary, and ahead of Turkey, Russia and Ukraine. The study measures
\nthe ability of 135 states to respond to short-term shocks and long-term
\ntendencies such as natural disasters, economic crises and climate changes. <\/p>\n

<\/p>\n


\n
\n
\n <\/p>\n

Football.<\/strong> The
\nRomanian side Astra Giurgiu are in Azerbaijan, where they are due to play
\nagainst Zira FK on Thursday, in the final leg of the Europa League second
\npreliminary round. In the fist leg at home, Astra won 3-1 and if they qualify
\nthey will face the Ukrainian side FK Oleksandria in the third preliminary round.
\nAlso in this round, CS Universitatea Craiova will play against AC Milan, while
\nDinamo Bucharest face the Spanish side Athletic Bilbao. In the Champions
\nLeague, the new Romanian champions FC Viitorul are to face the winner between
\nAPOEL Nicosia from Cyprus and F19 Dudelange from Luxemburg. Vice-champions FCSB
\n(formerly known as Steaua Bucharest) will meet the Czech side Viktoria Plzen. <\/p>\n


\n
<\/p>\n","protected":false},"excerpt":{"rendered":"

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