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Hungary Gas To Bail Out Serbia

Serbia clinched a deal with Hungary on Thursday to buy gas from the reserves of its northern neighbour, averting at the eleventh hour a heating crisis sparked by the Russia-Ukraine gas dispute. Local media quoted the cabinet of Serbian President Boris Tadic as saying said Tadic struck the deal with …

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Albania Bids Adieu to IMF Amid Bickering

The International Monetary Fund, IMF, ended its mission to Albania on Thursday after monitoring its economy for 17 years, its departure criticised as premature by economic experts and the opposition. Prime Minister Sali Berisha described the end of the IMF mission as the end of post-communist transition for the Albania’s …

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EU Must Press Serbia On Kosovo –Pack

Germany’s Doris Pack said the European Union should put pressure on Serbia to normalise its relations with Pristina or risk a continuation of the inter-ethnic violence in north Kosovo. Belgrade has vowed to never recognise the declaration of independence by its former province and is keeping a firm hold on …

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