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President Iohannis on the Brexit effects: No reasons for concern for Romanian economy

President Klaus Iohannis on Friday said that, from his talks with National Bank of Romania (BNR) Governor Mugur Isarescu after the Brexit referendum, the conclusion is that there are no reasons for concern in respect to the Romanian economy.

"I believe that the particular situation in which we are now because of the result of the voting in the UK referendum on leaving the European Union required a meeting of this kind to harmonise our points of view, think about what is to be done. (...) From my discussions with Mr Governor I understood that there are no reasons for concern for Romania's economy and for the Romanian finance," Iohannis said at the beginning of consultations at the Cotroceni Presidential Palace with PM Dacian Ciolos, BNR Governor Mugur Isarescu and leaders of political parties.

The head of state also said that from the discussions with the political leaders the conclusion is that Romania must continue on its European path.

"I understood that everyone perfectly agrees that Romania must keep on the European path," Iohannis maintained.

Attending the consultations at Cotroceni Palace on Friday were Prime Minister Dacian Ciolos, National Bank of Romania (BNR) Governor Mugur Isarescu, co-chairs of the National Liberal Party (PNL) Alina Gorghiu and Vasile Blaga, national leader of the Social Democratic Party (PSD) Liviu Dragnea, national leader of the National Union for Romania's Progress (UNPR) Valeriu Steriu as well as co-chair of the Alliance of Liberals and Democrats (ALDE) Daniel Constantin.

The final vote count of the Thursday referendum in the UK confirms that most British people chose the Brexit, that is the UK leaving the European Union, according to the DPA, AFP and BBC media. According to the final results, 51.9 percent of the voters chose Brexit. The turnout was 72.2 percent.

Romania stays attached to the European design, as it is convinced that the EU must go on, President Klaus Iohannis said Friday.

"We have assessed the situation created by the referendum held yesterday in the UK and which, unfortunately, resulted in what is already known as Brexit, namely UK's leaving the EU, which we regret. We regret this vote, but, at the same time, I want to say it very clearly that we respect this vote. The EU is a very valuable project; Romania has been a country that wanted to be an EU member from the very beginning, a country that has strongly supported the European idea. Given the circumstances, I want to say it very clearly after these consultations: Romania stays attached to the European design; Romania is convinced that the EU must go on, it is a good project and we must be a part of it," the head of state said Friday, at the end of an emergency meeting at Cotroceni Palace on the Brexit effects.

He added that "unity and solidarity are still needed inside the EU, in the 27 member states which will remain in the Union."

"At the same time, it is very important for Romanians to understand that at this moment we should stay calm and there is no need to overreact," the head of state said.

Attending the consultations at Cotroceni Palace on Friday are Prime Minister Dacian Ciolos, National Bank of Romania (BNR) Governor Mugur Isarescu, co-chairs of the National Liberal Party (PNL) Alina Gorghiu and Vasile Blaga, national leader of the Social Democratic Party (PSD) Liviu Dragnea, national leader of the National Union for Romania's Progress (UNPR) Valeriu Steriu as well as co-chair of the Alliance of Liberals and Democrats (ALDE) Daniel Constantin.

The final vote count of the Thursday referendum in the UK confirms that most British people chose the Brexit, that is the UK leaving the European Union, according to the DPA, AFP and BBC media. According to the final results, 51.9 percent of the voters chose Brexit. The turnout was 72.2 percent.

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President Klaus Iohannis will be attending next week a meeting in Brussels of the European Council, and when returning to Bucharest he will talk about a future plan. 

"Tuesday and Wednesday next week, a European Council meeting will be held that I will be attending. When I return, I will invite all those who attended today's talks - the prime minister, the governor of the National Bank of Romania and party leaders - to inform them about what was discussed and decided upon in Brussels, so that we agree together on what to do next. To everybody it is clear that Europe, the European Union, has a lot to do. We have to redefine the European design, to improve it, to make it easier to understand to the everyday people, to improve its performance. The same is valid for Romania as well. There used to be political consensus and will for European integration. Unfortunately, there was no national project after accession. Now is the time for us to make up for the lost time, to draw up a new country project, which we will do together. I will assure Romanians that the so-called Brexit crisis has import opportunities for Romania and together with the entire political class we will make sure Romania and the EU will come out of the crisis strengthened," Iohannis said after an emergency meeting at Cotroceni Palace.

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