Economic development

thumbnailCroatia expecting 1.5 billion-euro tourism project
2014-07-09Work is expected to begin this year in the southern town of Sibenik. In other business news: the Eurozone approves aid for Cyprus and Greece; Bulgaria avoids a financial crisis.
thumbnailEU asks the Balkans to fight energy sector corruption
2014-07-07A new report recommends reform of the justice system to tackle corruption in energy deals.
thumbnailCroatia, Montenegro working together to reach Adriatic oilfields
2014-07-02The effort to drill for oil and gas could stimulate the economy and attract foreign investment.
thumbnailBelgrade riverfront to see large investment project
2014-07-02Eagle Hills is investing up to 4 billion euros to develop property on the Sava River. In other business news: Ukraine, Georgia and Moldova signed free-trade pacts with the EU.
thumbnailCroatia, Macedonia and Bulgaria link their stock exchanges
2014-06-26Experts say closer ties will increase the flow of capital in the Balkans.
thumbnailFlooding in Bulgaria damages tourism, agricultural industries
2014-06-25Authorities say the flooding has damaged important infrastructure that will need to be repaired. In other business news: A research group warns of corruption in the business sector.
thumbnailTurkey and Croatia look to improve business ties
2014-06-17Business leaders seek opportunities for new investment and deeper co-operation.
thumbnailIMF disburses 3.4 billion euros to Greece
2014-06-04The fund said Athens does not need to impose new austerity measures this year. Also in business news: Bulgaria leads the region in Foreign Policy magazine's Baseline Profitability Index.
thumbnailEU integration, co-operation expected to improve mining industry
2014-06-02Regional co-operation and the implementation of EU standards in the western Balkans could result in thousands of new mining jobs and billions of euros in capital, experts say.
thumbnailCountries expecting fewer tourists from Russia
2014-05-21Bulgaria and Montenegro are expecting a drop in Russian tourists this summer. Also in business news: The European Bank for Reconstruction and Development will invest 500 million euros in Cyprus.
thumbnailForeign investment to promote Macedonian textiles
2014-05-20An investment of $400 million would create one of Europe's biggest textile factories.
thumbnailRomania prepares to join eurozone
2014-05-14The country will switch currencies by January 2019, officials said. Also in business news: A World Bank loan to Croatia will help improve the health care sector.
thumbnailCyprus relaxes banking restrictions
2014-05-07Cypriots can now cash cheques and have higher limits on transactions. Also in business news: Switzerland will grant 500 Croatian workers access to the country's labour market.
thumbnailAlbania debates debt forgiveness to businesses
2014-05-02Opinions are divided on a government initiative to stimulate the economy by forgiving debt owed by businesses.
thumbnailEU working with Balkans to improve food production
2014-05-01Experts said the goal is to harmonise agriculture legislation with that of the EU and implement more efficient practices.
thumbnailGreece reinstates passenger train service to Balkan capitals
2014-04-30Train service to Sofia, Belgrade and Skopje will resume on May 10th. Also in business news: Turkey's Veibo Group will invest in a production facility in Macedonia's northeast, creating 5,000 jobs.
thumbnailReforms push Greece to economic recovery
2014-04-28The costs are high, but the government has stuck to implementing the required steps.
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.
Focus on Ukraine

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Srebrenica relatives pleased with Dutch verdict, but not satisfiedSrebrenica relatives pleased with Dutch verdict, but not satisfied

Some believe that the verdict is the first step in exposing the truth about what happened in Srebrenica in 1995.

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