Economic development

thumbnailGreece sees increase in tourism
2014-04-23A wave of tourists visited Greece for the Easter holiday. Also in business news: The European Central Bank launched a Eurosystem co-operation programme with Albania, Kosovo and Macedonia
thumbnailCroatia to implement wide-ranging economic reforms
2014-04-18Urged by the European Commission, Croatia will implement economic reforms to create conditions for recovery and growth.
thumbnailKremlin threatens gas supplies to Southeast Europe
2014-04-16Several nations receive Russian gas via Ukraine. In other business news: Albania's credit rating sees improvement and Turkey's military spending surpasses Canada.
thumbnailSerbia to focus on eliminating tax evasion, grey economy
2014-04-11The Serbian government plans to crack down on the grey economy and tax evasion in hopes of obtaining funds for the impoverished state budget.
thumbnailGreece seeks Swiss co-operation in hunt for tax cheats
2014-04-09Athens is asking for assistance to identify Greek citizens who are using Switzerland as a tax haven.
thumbnailBalkan energy companies explore regional, EU markets
2014-04-04EU membership means entering a large, liberalised energy market, and regional companies need to prepare, experts say.
thumbnailAdditional bailout funding on the way to Greece
2014-04-02Reforms allow Athens to tap into bailout money set aside by international lenders. In other business news: Improved economic conditions allow Cyprus to drop its ceiling on daily cash withdrawals.
thumbnailBalkan countries boost efforts to draw investment
2014-03-31Political stability, co-operation and reforms will lead to foreign investment in the region, officials said.
thumbnailMontenegro tops tourism growth list
2014-03-26Tourism revenue in Montenegro is expected to grow more than 17 percent from last year. Also in business news: Turkey will begin to renegotiate its Customs Union Agreement with the EU by June.
thumbnailFive Serbian cities make list of Europe's top 10
2014-03-19The cities were chosen based on categories including human resources and life and business environment. Also in business news: Cyprus appoints Georghadji as new central bank governor.
thumbnailCroatia's Forex scam should be a lesson, EP says
2014-03-17The biggest financial scam in Croatia will likely serve as a warning to citizens, who can also learn to be cautious through information from the EU.
thumbnailIMF to help Albania make reforms
2014-03-05A loan from the IMF will help Albania undertake economic reforms. Also in business news: Turkey wants to increase its 20 percent stake in the Trans-Anatolia Gas Pipeline project to 30 percent by April.
thumbnailMontenegro company is the centre of EU concern
2014-03-03Russian investors and Montenegro officials are heading to arbitration over an aluminium plant.
thumbnailGreece to develop Athens' former airport site
2014-02-26The government will pursue commercial development at the giant former airport site to help offset the effects of the economic crisis.
thumbnailBalkan countries seek ways to boost economic ties with Turkey
2014-02-21Balkan countries call for Turkish investors to expand business and economic ties in a wide range of niche sectors that have untapped potential.
thumbnailRomania's GDP growth leads the EU
2014-02-19Quarterly economic growth registers at 1.7 percent in Romania, Eurostat says. In other business news: Turkey ranks third in a list of the world's friendliest destinations for Muslim travellers; Albania encourages Italian investment.
thumbnailSerbia to benefit from EU agriculture regulations
2014-02-17To strengthen the competitiveness of Serbia's agriculture sector, the EU will provide funding and education.
thumbnailRegional whistleblowers lack protection, support
2014-02-14Whistleblowers in the region are being urged to report irregularities and cases of corruption in the public sector, but only the bravest take action.
thumbnailCroatia, EU focus on youth unemployment
2014-02-12With the help of an EU programme, Croatia is tackling unemployment for citizens younger than 25. Also in business news: the 2014 Balkan Economic Summit was held in Bursa, Turkey, and Romania and Bulgaria saw an increase in exports last year.
thumbnailEU taking action against Croatia for deficit
2014-02-05Zagreb is facing a 2016 deadline from the EU to reduce its deficit to 3 percent of GDP. In other business news: Turkey is taking steps to strengthen its lira; Greek factory activity grows for the first time since 2009.


EU changes its economic approach toward the BalkansEU changes its economic approach toward the Balkans

The Union sets new criteria for membership candidate countries and potential candidates.

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Albania is making some state property available for 1 euro to draw new businesses into the country. Do you think the programme would be successful elsewhere in the region in improving the economy and creating jobs?

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