Economic Development

United States ready to provide $400m in financial support to Kosovo

03/07/2008

WASHINGTON, United States -- Washington is ready to provide $400m in financial support to Kosovo at a donors' conference in Brussels late next week,...
Fiat coming to Serbia

02/07/2008

A well-known carmaker is investing in Serbia, maybe presaging a surge of foreign investment as President Boris Tadic nominates an EU-friendly prime minister.
Puhalac named new RS economy minister

02/07/2008

BANJA LUKA, Bosnia and Herzegovina (BiH) -- Republika Srpska (RS) Prime Minister Milorad Dodik appointed former BiH Economy Minister Slobodan Puhalac...
Romania's Basescu asks parties to draft strategy to confront rising prices

02/07/2008

BUCHAREST, Romania -- President Traian Basescu summoned representatives of all parties in parliament Tuesday (July 1st) to discuss how to confront ri...
Bulgarians, Romanians face utility price hikes

01/07/2008

Electricity and gas rates went up in Romania and Bulgaria on Tuesday. Bulgarians also saw increases in the cost of central heating and public transportation.
OSCE urges support for building multiethnic society in Kosovo

30/06/2008

ASTANA, Kazakhstan -- The OSCE urges all countries to support the process of building a multiethnic and tolerant society in Kosovo, OSCE Secretary-Ge...
Turkey proposes joint industrial zone with Iraq

30/06/2008

ANKARA, Turkey -- State Minister Kursad Tuzmen proposed on Sunday (June 29th) the establishment of a joint industrial zone at the Turkish-Iraqi borde...
Business: Metal and pipe prices jack up Trans-Balkan pipeline cost

27/06/2008

The Trans-Balkan pipeline will cost 50% more than initially expected. Also in business: an IMF team concluded an overview of Turkey, and Bosnia and Herzegovina and Germany's KfW agreed to reconstruct the Rama hydropower plant.
UNDP says Albanian businesses have little sense of social responsibility

24/06/2008

TIRANA, Albania -- Businesses in Albania have little or no sense of social responsibility, according to a UNDP-sponsored survey published on Monday (...
Albanian opposition leader Rama calls for unity to resolve problems

23/06/2008

TIRANA, Albania -- Opposition Socialist Party (SP) leader Edi Rama called on Sunday (June 22nd) for the unification of Albanians to resolve everyday...
EU moves to enhance Turkish Cypriots' economic integration

20/06/2008

Voicing support for efforts to reunite Cyprus, the EU approved several measures this week to facilitate trade on the divided island and thus ease the economic isolation of the Turkish Cypriot community.
Greeks protest rising prices

20/06/2008

ATHENS, Greece -- About 1,000 people protested in Athens on Thursday evening (June 19th) against rising consumer prices. The protestors gathered at O...
Business: Athens hosts aviation expo

20/06/2008

The first international business and general aviation exposition in Southeast Europe took place in Athens. Also in the news: Macedonia became a member of the International Association of Economic and Social Councils, and Bulgaria enjoyed an increase in economic growth in the first quarter of 2008.
2008 Eurovision: an economic win for Serbia

19/06/2008

As host of the 2008 Eurovision Song Contest, Serbia outdid its predecessors by hosting two semifinal contests and numerous rehearsals along with the final.
Bulgaria takes step towards US visa-free travel

19/06/2008

A preliminary agreement under the US Visa Waiver Programme was among the deals signed during Bulgarian Prime Minister Sergey Stanishev's three-day official visit to the United States, which ended on Wednesday.