“These events (Brexit and EU terror attacks– e.n.) have an immediate impact as they create incertitude and, as you know, the most dangerous thing on financial markets is incertitude, which creates volatility on the markets, and this can impact the economic predictability. (…) These things can also impact the Romanian economy by the level of incertitude they create and this level of incertitude also depends on the speed, the celerity of the political leaders’ decisions after such events,” the PM stated.
Ciolos added that Romania should do its best not to add incertitude and keep these elements under control through predictability on a legislative level, through the capacity to control the budget and the budget deficit, and through an efficient and successful administration.