Balkans

Crin Antonescu elected new leader of Romania’s PNL

BUCHAREST, Romania — Former Prime Minister Calin Popescu Tariceanu lost the leadership of the National Liberal Party (PNL) at an extraordinary party congress held on Friday (March 20th). PNL deputy leader Crin Antonescu was elected as new leader and will be designated PNL’s candidate in the presidential elections later this …

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Greece, Albania reach deal on continental shelf border

ATHENS, Greece — Greece and Albania have reached an agreement on the delimitation of their maritime space and continental shelf in the Ionian Sea, Greek Prime Minister Costas Karamanlis said on Friday (March 20th). The two countries have successfully concluded negotiations and will soon sign the agreement, expected to help …

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Serb Group Seeks Grave of WWII Guerrilla Leader

A Chicago-based Serb group said Monday it is offering a $100,000 reward for anyone who can locate the grave of a World War II guerrilla leader executed as a traitor by the Communists. The burial site of Dragoljub Draza Mihailovic has been unknown since his execution in 1946 by the …

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Austrian banks with branches in Romania are stable: Traian Basescu

Vienna. Austrian banks with branches in Romania are stable, said Romanian President Traian Basescu during his visit to Austria. He added that Austria had invested more than EUR 12 billion in Romania. Austrian President Heinz Fischer said the bilateral relations were excellent and his country was well presented in Romania …

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Romania President: IMF Finishes Report On Possible Loan

BUCHAREST -The International Monetary Fund finalized a report on a possible loan to help Romania weather the economic crisis and talks are planned to seek a deal, the country’s president said Friday. “The IMF report was finalized yesterday,” President Traian Basescu said after a European Union summit in Brussels, according …

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Romanian Railways To Cut Jobs

BUCHAREST, Romania — The Romanian Transportation Ministry said Friday that it plans to cut the number of railway employees by 12,000. The plan was sent to the unions who rejected it and threatened protests. Union leader Gheorghe Popa said the ministry did not include social protection measures for those who …

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Bulgaria to Seek Russian Funding of NPP Construction

Bulgaria has initiated talks with Russia for a EUR3.8 billion for the construction of its second NPP in Belene, Economy and Energy Minister Petar Dimitrov said Monday. Dimitrov who was on an official visit to Moscow last week told the Bulgarian National radio that the decision to seek Russian funding …

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Chinese, Bulgarian foreign ministers hold talks in Beijing

BEIJING – Chinese Foreign Minister Yang Jiechi held talks with visiting Bulgarian Deputy Prime Minister and Minister of Foreign Affairs Ivailo Kalfin here Monday. Yang applauded Sino-Bulgarian fruitful cooperation in the areas of politics, culture, the economy and trade, as well as science and education, saying both countries have maintained …

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