Balkan News

Heavy Snow Triggers Alert in Eastern Serbia

Local authorities in Bosilegrad municipality, an area around 450 kilometres southeast of Belgrade and populated by ethnic Bulgarians, have introduced a state of alert over weather conditions. Mayor Vladimir Zaharijev said that because of the huge snow drifts of up to a metre high around 30 villages were cut off …

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Romania Gets €20 Billion Rescue Loan

Romania has reached an agreement with major international lenders for a €20 billion loan designed to finance the country’ sbudget and current- account deficits. According to the agreement, the International Monetary Fund is to lend €12.95 billion, the European Union – €5 billion while the rest will come from the …

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EU to Grill France Amid Slovenia Jobs Row

The European Commission is seeking an explanation from Paris over French car-making giant Renault’s decision to recall some of its production from Slovenia to France. “The commission will ask the French authorities for explanations,” said the Commission spokesman on competition issues Jonathan Todd. French Secretary of State for Industry Luc …

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Energy Efficiency Gets a Boost in Kosovo

The German Bank for Development is to provide the Procredit Bank in Kosovo with a loan to finance new energy efficiency schemes for the wider population in Kosovo. ″We are sure that this support will contribute to a sustainable utilisation of energy in Kosovo,″ said the vice head of Entwicklungsbank …

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Slovakia`s President Wins First Electoral Ballot

The second election round, in which the candidate with most votes becomes the president, is scheduled for April 4. Slovakia’s President Ivan Gasparovic won the first round of a presidential election, results showed on Sunday, and he faces the strongest opposition candidate in a runoff vote in two weeks. Saturday’s …

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