The Instrument for Pre-accession Assistance supports much needed local projects that connect border regions and foster development and cohesion.
The costs of Croatian exports to Macedonia are expected to double, and will triple for Serbia and Bosnia and Herzegovina when the country joins the EU.
A travelling photo exhibition is encouraging visitors to look beyond national boundaries and explore common Balkan history.
On Thursday, Serbia finally received the status of a candidate for membership in the EU.
The bond swap deal will cost the 12 banks over half of their holdings. Also in business news: Fitch Ratings affirmed Croatia's credit rating at BBB-, and Romania looks to become energy efficient.
Failing factories and plants lead to higher unemployment, but government intervention -- however well intended -- may not be the answer, according to analysts.
The Israeli band Orphaned Land forges Turkish-Israeli ties.