Balkans

Bosnian Federal Government Loses Ground

Caught between a worsening economic crisis and the tough reforms required for its management, the government of the Bosniak (Bosnian Muslim) -Croat Federation is increasingly losing the ground under its feet. In the middle of the ongoing negotiations for a new ‘Stand-by’ arrangement with the International Monetary Fund, IMF, representatives …

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Bulgaria President: We Strive to Develop Ties with Russia

Bulgaria’s President, Georgi Parvanov, stated that the country was striving to develop positive business and political relations with the Russian Federation. Parvanov made the statements in an interview for the German Sueddeutsche Zeitung published Monday and cited by the Russian news agency ITAR-TASS. “There are so many great traditions shared …

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