Victor Ponta’s new government faces a challenge in reconciling Romania’s tough commitments to the IMF while carrying out its election pledge to ease the burden of austerity on the population.Romania’s Prime Minister-designate on Wednesday presented his new cabinet, which is expected to gain the backing of parliament on December 21. …

The Serbian and Croatian prosecutors have questioned on Monday in the Danish capital Copenhagen, two potential witnesses to the war crimes in the Croatian municipality Dvor in 1995.The Chief Croatian Prosecutor, Mladen Bajic, and his Serbian counterpart, Vladimir Vukcevic have questioned, together with their Danish colleagues, two members of the …

Albania on Friday said it had recognized the anti-Assad opposition as the only legitimate representative of the Syrian people.“Albania calls on the United Nations and NATO to take all the necessary measures to stop the barbarian massacre being carried out by Bashar Al-Assad and his regime against the Syrian people,” …

Standard and Poor’s downgraded Croatia’s credit rating to junk on Friday, a development deemed “catastrophic” by a local analyst.”The Croatian government’s reforms have so far been insufficient to eliminate the structural rigidities that hamper the country’s growth potential,” the rating agency said in a statement explaining its decision to lower …

The Croatian local courts need to prosecute those responsible for war crimes that took place in Croatia, EU official says.According to the Head of EU Delegation to Serbia, Vincent Degert, local courts in Croatia need to prosecute those responsible for war crimes committed during the Croatian military operation Storm in …

Changes to the city statute will allow it to buy and sell land and pave way for decentralisation of powers to municipalities.By the end of the year the City of Belgrade is to amend its statute in accordance with laws adopted after the statute was issued in 2008. Danilo Basic, …

Bosnian dairy farmers ask for more help in achieving EU standards as main trading partner Croatia prepares to enter the European bloc.Milk producers in Bosnia met officials from the country’s Foreign Trade Ministry and Foreign Trade Chamber on Tuesday and urged them to help harmonize domestic product standards with EU …

After a year long delay Serbia and Bosnia should sign a protocol on cooperation in the prosecution of war crime cases in January next year.The protocol of cooperation in the prosecution of perpetrators of war crimes, crimes against humanity and genocide between the Serbian and Bosnian prosecutions should be signed …

Bosnian Presidency member Zeljko Komsic says his new party will be up and running next year, advocating new solutions and the equality of all Bosnians and Herzegovinians.Zeljko Komsic, the Croat member of Bosnia and Herzegovina’s tripartite State Presidency, says he is working on the formation of his new party after …

President Traian Basescu is making no comment about whether he will reappoint Victor Ponta as Romania’s next prime minister, even though Ponta’s coalition won the recent general election with a large majority.President Traian Basescu on Wednesday asked politicians and the media not to make any inappropriate comments about his alleged …