Eurasia

Cypriot threats could affect role of top envoy in Bosnia

Cyprus objects to non-EU citizens in envoy office; EU set to change powers of special representative. Cyprus is obstructing plans by the EU to reinforce its presence in Bosnia and Herzegovina because it objects to the possible presence of non-EU citizens in the office of the EU Special Representative (EUSR). …

Read More »

IMF approves stalled loan to Bosnia

The International Monetary Fund (IMF) has approved a 1.57 billion dollar loan to Bosnia and Herzegovina that was stalled over the country’s failure to implement a series of economic measures. The loan, which is intended to mitigate the effects of the global economic crisis on the small nation, was negotiated …

Read More »

Albania Bank Warns of Slowdown in 2009

Albanian economic growth this year will be minimal, owing to the effects of the global economic downturn, the Central Bank governor, Ardian Fullani, has said. Fullani said confidence in the Albanian banking sector had revived after the first aftershocks of the crises in global financial markets. However, the government needs …

Read More »

Albania Slashes Retirement Age for Miners

The Albanian government decided on Tuesday to slash the pension age for miners from 65 to 60-years-old, following an electoral promise from Prime Minister Sali Berisha. Miners unions have held a series of protests in recent years seeking better working conditions and demanding better pensions and wages. 

Read More »

Romanian Magistrates Protest Cuts in Bonuses

Court sessions across Romania were suspended on Friday morning for three hours, as magistrates protested the Justice Ministry’s decision to cut some wage bonuses. The National Union of Judges on Wednesday requested the resignation of Justice Minister Catalin Predoiu. 

Read More »

Bulgaria will have new cabinet by July 27, Borissov says

The new cabinet will be formed by July 27 2009, prime minister-to-be Boiko Borissov told reporters on July 9 2009, Bulgarian news agency Focus said. President Georgi Purvanov will convene the newly-elected Parliament on July 14 2009, after which he will designate the leader of the party who won the …

Read More »

EC’s expected position on SAPARD funds should not be bound with election result: Deputy PM

SOFIA Responding to the statements published in the media concerning SAPARD program, Deputy Prime Minister in charge of EU funds management Meglena Plugchieva said that she expected the European Commission would announce its decision on the SAPARD funds before the summer holiday, the office of the deputy prime minister announced.

Read More »

EU to Lift Visas on Macedonia, Serbia and Montenegro

The European Commission will propose lifting visa restrictions on three Western Balkans states – Macedonia, Serbia and Montengro – the Justice Commissioner confirmed Friday. “A proposal will be made next Tuesday in Strasbourg to liberalize visas for nationals of the Western Balkans,” Jacques Barrot said in Brussels. “Under this proposal, …

Read More »