TIRANA, March 5 – Albania will borrow 250 million euros through Deutsche Bank and Greece’s Alpha Bank in a syndicated loan to fund its budget deficit, the Finance Ministry said on Thursday. “The best offer was the one presented by Deutsche Bank and Alpha Bank. The Finance Ministry will give …

Britain will start reducing its troops from the NATO-led international peacekeeping Kosovo Force (KFOR) in late March as a result of the improved security situation, the British Embassy in Pristina said on Wednesday. The embassy said in a statement on behalf of the British Ministry of Defense that the force …

Slovenia firmly supported Montenegro’s efforts for the accession to the European Union (EU), Slovenian President Danilo Tuerk said on Wednesday after meeting his Montenegrin counterpart Filip Vujanovic. Tuerk said at the Brdo castle in the suburbs of the Slovenian capital Ljubljana that Slovenia was promoting the idea that the EU …

TBILISI/MOSCOW, March 5  – The Swiss embassy in Georgia began on Thursday accepting applications for Russian entry visas from Georgian nationals. Georgia severed diplomatic ties with Russia in late August 2008 after Moscow recognized its former republics of Abkhazia and South Ossetia as independent states. Recognition followed a five-day war …

BRUSSELS – Seven months after breaking ties with Russia over its invasion of Georgia, the NATO alliance moved Thursday toward resuming formal relations despite lingering concerns about Moscow’s approach to reasserting its regional influence. NATO foreign ministers opened a one-day meeting Thursday and appeared likely to decide the time is …

BUCHAREST, – Romania will see economic growth in 2009 despite the ongoing global financial crisis, the country’s President Traian Basescu said on Wednesday. The president made the remarks while meeting with representatives of 12 banks, along with Central Bank Governor Mugur Isarescu and Finance Minister Gheorghe Pogea. 

BUCHAREST -The Romanian parliament Wednesday approved criminal action against former prime minister Adrian Nastase, who faces corruption charges. In a vote, 158 deputies agreed to a request made by anti-corruption prosecutors, while 128 opposed the move. “This is an important step for parliament’s credibility,” said Roberta Anastase, the chamber’s president.

Bucharest. Bulgarian Embassy was informed about the arrest of Bulgarian Petar Zikulov on February 28 in Romania. Romania pointed out that businessman Petar Zikulov had carried espionage in favor of a third country not Bulgaria, Bulgarian Ambassador to Romania Valentin Radomirski said in a statement. The statement which is published …

Bulgaria’s Economy Minister, Petar Dimitrov, said Thursday the country was going to avoid the import of foreign workers thanks to the effects of the global financial crisis. Dimitrov was a keynote speaker at the Invest in Bulgaria 2009 Summit, which took place in the Sheraton Hotel in Sofia. “I will …

A Romanian Court is going to try the appeal filed by the Bulgarian national Petar Zikulov, who is charged with espionage, and is currently detained for 29 days, the maximum period under Romanian law. Peter Zikulov, and Floricel Achim, a Romanian military officer, were arrested in Bucharest Monday on charges …