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Balkan States Cool on Palestine’s UN Bid

Most Balkan countries appeared likely to abstain from Thursday’s vote on upgrading Palestine’s status, which looked set to pass the General Assembly easily.Most Balkan countries looked set to abstain from Thursday’s vote on Palestine’s request for upgraded observer status at the United Nations. The General Assembly appeared likely to endorse …

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Romanian Online Shopper Sold for $80m

Naspers has expanded its online holdings by purchasing Romania’s main online retailer.The South African-based media conglomerate Naspers has paid 80 million US dollars for a majority stake in the Romanian site emag.ro, media reported. This is one of the largest transactions in the Romanian online sector so far. Emag.ro was …

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Bulgaria to Stress Innovation Investments in 2014-2020 Programming Period

In the next 2014-2020 programming period, Bulgaria will allocate the main portion of funds under Operational Program Competitiveness to innovations and energy efficiency, according to Delyan Dobrev, Minister of Economy, Energy, and Tourism. Speaking Thursday during an international forum on industry and innovations, he argued that these sustainable solutions would …

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