Eurasia

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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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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NATO Bombing of Serbia ‘Was Right’

NATO’s air attack on the former Yugoslavia a decade ago was “the right thing to do” and had improved the lives of Kosovo Albanians and Serbs, the US envoy Richard Holbrooke argues. Speaking at the Brussels Forum conference on Saturday, Holbrooke, a former envoy to the Balkans and currently United …

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Spain: Kosovo Troop Withdrawal ‘Flexible’

Spain says the withdrawal of its troops from Kosovo is flexible after receiving criticism from NATO concerning their previous plans to pull their troops in the next four or five months. “Defence Minister Carmen Chacon will meet NATO’s Secretary General next week to explain the reasons for the withdrawal and …

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Bulgarian Diaspora Set Up Political Party

Bulgarian migrants living abroad have set up their own political party called “The Other Bulgaria” vowing to tackle corruption and ‘restore the country’s credibility’ in the European Union. Named after a popular television show that tracks the lives of Bulgarian migrants in different parts of the world, the party sets …

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Karadzic: New Status Conference on April 2

A new pre-trial status conference in the case of Radovan Karadzic is due to take place on April 2, 2009. The Trial Chamber of the International Criminal Tribunal for the former Yugoslavia, ICTY, has announced that another pre-trial status conference in the case of Radovan Karadzic will take place on …

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Russian Bombers on Year`s First Training Exercise

Renewed activity by Russia`s strategic bombers over the Atlantic and regular tests of strategic missiles have rung alarm bells in the West. Russian strategic bombers on Thursday carried out their first training exercise of the year, firing cruise missiles at a training ground in northern Russia, Interfax news agency reported. …

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