POLITICS & POLICY
EU – Dutch Referendum: Juncker’s reaction
The Luxemburger Wort reports that the head of the European Commission Jean-Claude Juncker was disappointed and demoralized by the outcome of the recent Dutch referendum, which rejected a EU association pact with Ukraine. The “No” camp won roughly two thirds of the votes cast, while the turnout was 32%, enough for the results to be valid.
Source: Luxemburger Wort, 7/04/2016
Romania – Brexit: Possible consequences
According to the governor of the National Bank of Romania Mugur Isarescu, a Brexit scenario implies a severe systemic risk for Romania. While several initiatives have been implemented over the last six months to regulate the country’s financial and banking sector, Isarescu believes that external risks of the sort that could materialize with Brexit could still threaten Romania’s financial stability.
Source: Agerpres, 7/04/2016
Bulgaria – Privatization: Weapon companies
Two Bulgarian state-owned weapons companies should be privatized over the next few years. VMZ-Sopot, a producer of equipment, and Kintex, an exporter of defence equipment, will be sold, respectively, in 2018 and 2019. Both companies have already been subject to several privatization attempts in the past.
Source: Novinite, 8/04/2016
“It looks like the Dutch people said NO to the European elite and NO to the treaty with the Ukraine. The beginning of the end of the EU”.
Geert Wilders, Leader of the Dutch Party for Freedom
Source: Wilder’s Tweet, 7/04/2016
The number of new companies that were started in Portugal between March 2015 and February 2016.
Source: Portugal resident, 7/04/2016
HUF 125.8 billion
The sum of money reached by Hungary’s cash flow government deficit at the end of March.
Source: Bbj, 7/04/2016
Photo Credits CC: Metropolico.org