Eurasia News

Bulgaria Finance Minister: Fast-Track Euro Zone Entry Not Priority

Bulgarian Finance Minister, Plamen Oresharski, has stated that fast-track entry into the euro zone is not Bulgaria’s first priority, after coming out of a meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Brussels late Tuesday. “It (euro membership) is not our first priority – our first priority …

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FT: Danish PM Set for NATO Job, Bulgaria’s Bidder Out

Anders Fogh Rasmussen, the Danish prime minister, appears set to become the new Secretary-General of NАТО, following a private agreement by the leaders of Britain, France and Germany to back his candidacy. In a move that would place Mr Rasmussen at the centre of the west’s drive to win the …

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Maldives president orders probe into alleged $2M bribe to recognise Kosovo

The president of Maldives, Muhamed Nashid, has ordered police to investigate allegations that government officials accepted a $2 million bribe to recognise Kosovo as independent, media in the Maldives and Serbia reported. The allegations were made at the beginning of March by the opposition Islamic Democratic Party.

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Spain will never recognise Kosovo – Zapatero

Spanish prime minister Jose Luis Zapatero has reaffirmed that Spain will not recognise Kosovo as independent, newspapers in Kosovo and Serbia reported on March 10 2009. “Spain’s position on the unilateral declaration of Kosovo’s independence is known – it is non-recognition,” Zapatero was quoted as saying by Kosovo daily Koha …

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Kiev asks Moscow for $5 bln loan to pay for gas

KIEV, March 11  – Ukraine has asked Russia for a $5 billion loan to pay for natural gas deliveries, Ukraine’s acting finance minister said on Wednesday. “This loan will be used to buy gas,” Ihor Umanskiy said. He added that Ukraine was looking at options to borrow from other sources, …

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IMF delegation arrives in Bucharest on Wednesday

Bucharest. A delegation of the International Monetary Fund (IMF) will arrive Wednesday in Bucharest. The delegation will stay in the country till March 25, Romanian media report. The major issue to be tabled for discussion is an IMF program for Romania, part of a financing package, with the participation of …

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Seeking an IMF rescue, Romania will aid Ford

Ailing U.S. car maker Ford Motor Co. will receive 143 million euros ($232 million Canadian) in aid from the government of Romania, where the company owns an assembly plant, lawmakers said The state aid, spanning until 2012, will support production of cars and engines at the factory in Craiova, in …

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Romania Seeks $25 Billion Bailout

Faced with stalled growth and a weakened currency, Bucharest became the latest government to ask the IMF and EU for an emergency rescue package Romania could receive about €20 billion as part of an International Monetary Fund-European Union rescue package, with negotiations due to start this week.

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Operative staff with Sofia’s municipality for solving waste problem is forming

Sofia. Operative staff with Sofia’s municipality for solving waste problem is forming. This became clear at press conference of Citizens for European Development of Bulgaria /CEDB/ municipal councilors. The staff consists of: Sofia’s mayor Boyko Borisov, representatives of Environment Directorate, and Mobilization preparation with the municipality as well as representatives …

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