Economic Development

Business: Croatian shops are expected to extend summer work hours

22/08/2008

Retailers are expected to stay open till midnight in Croatia. Also in business news this week: Turkey's administrative court suspends the privatisation of several highways and bridges, and vehicle sales in Romania rose by 2.3%.
EU suspends farm aid to Romania

21/08/2008

Romania will regain access to millions of euros in EU financial assistance for farm development once it has remedied deficiencies in the management and control of such funds.
Turkish-Iranian energy deals to be completed soon

19/08/2008

ANKARA, Turkey -- Energy Minister Hilmi Guler told a press conference on Monday (August 18th) that Turkey and Iran are expected to complete planned e...
Science and Technology: Macedonia's government receives new IT equipment

18/08/2008

The EU donates new IT equipment to Macedonia's Customs Administration. Also in science and technology: Slavonic experts take part in an Ohrid international seminar, and Romanian miners unearth a mastodon skeleton.
Turkish-sponsored Caucasian union to start as economic partnership

17/08/2008

ANKARA, Turkey -- Turkey plans to launch a Caucasian alliance on the basis of an economic partnership, local media reported on Saturday (August 16th)...
Business: Turkey to hold fish industry fair

15/08/2008

Istanbul will be hosting Future Fish Eurasia 2008. Also in business news: Bulgaria launches an international tender for the construction of a multiple-use complex, and Albania and Montenegro foresee the highest projected economic growth in the Balkans this year.
Bulgaria takes steps to deal with EU-outlined shortcomings

12/08/2008

The Bulgarian government adopted an action plan last week envisioning dozens of measures to deal with organised crime and corruption in the country and ensure the sound management of EU funds.
Lajcak concedes FBiH has both political, economic problems

12/08/2008

SARAJEVO, Bosnia and Herzegovina (BiH) -- High Representative Miroslav Lajcak says the Federation of BiH (FBiH) is neither politically nor economical...
Croatia may leave Non-Aligned Movement

11/08/2008

Croatia's leaders have a tricky decision ahead of them. The Non-Aligned Movement helped Zagreb win a Security Council seat. But now the country, a new NATO member, is mulling a withdrawal from the organisation Tito founded.
Kosovo parliament criticised by OSCE

11/08/2008

PRISTINA, Kosovo -- The OSCE has criticised Kosovo's lawmakers for failing to respect parliamentary regulations and require government input. In its...
Business: Pepsi eyes Serbian mineral water company

08/08/2008

Serbia is negotiating the sale of Knjaz Milos, its largest mineral water producer. Also this week: a French car manufacturer will open a plant in Bulgaria, and Standard & Poor's boosts Romania's outlook.
Romania's economic growth exceeds expectations

04/08/2008

Despite turmoil shaking the international market, Romania experienced four times higher economic growth than the average EU country in the first quarter of this year.
Business: Serbia's JAT Airways heading for privatisation

01/08/2008

Serbia's state-owned airline officially goes private. Also in news: the Italian utility Enel expanded its activities in Greece, and Istanbul ranks 23rd on Mercer's 2008 Worldwide Cost of Living survey.
EU's Fouere urges Macedonian opposition to return to parliament

30/07/2008

SKOPJE, Macedonia -- EU Ambassador to Skopje Erwan Fouere on called on the opposition Tuesday (July 29th) to return to parliament as soon as possible...
US ambassador to Albania says police must be independent from politics

30/07/2008

TIRANA, Albania -- Politics should not affect the work of police, US Ambassador to Albania John Withers said on Tuesday (July 29th) at a conference o...