Croatia expecting 1.5 billion-euro tourism project


Work 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.
EU asks the Balkans to fight energy sector corruption


A new report recommends reform of the justice system to tackle corruption in energy deals.
Croatia, Montenegro working together to reach Adriatic oilfields


The effort to drill for oil and gas could stimulate the economy and attract foreign investment.
Belgrade riverfront to see large investment project


Eagle 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.
Croatia, Macedonia and Bulgaria link their stock exchanges


Experts say closer ties will increase the flow of capital in the Balkans.
Flooding in Bulgaria damages tourism, agricultural industries


Authorities 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.
EU urges BiH to implement economic projects


Officials say EU-funded initiatives will foster economic growth and anti-corruption efforts.
Greece fixes prices for food at beaches


The new pricing is 30 percent lower. Also in business news: The Western Balkan Investment Framework approved a 1.1 million-euro investment for Albania's gasification plans.
Turkey and Croatia look to improve business ties


Business leaders seek opportunities for new investment and deeper co-operation.
IMF disburses 3.4 billion euros to Greece


The 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.
EU integration, co-operation expected to improve mining industry


Regional 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.
Countries expecting fewer tourists from Russia


Bulgaria 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.
Foreign investment to promote Macedonian textiles


An investment of $400 million would create one of Europe's biggest textile factories.
Romania prepares to join eurozone


The 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.
Cyprus relaxes banking restrictions


Cypriots 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.

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