Recent Posts

IMF Presses Romania to Complete Reforms

Fund says Bucharest must implement promised reforms to conclude a new agreement; mission to return after December elections.A joint delegation of the IMF and the European Commission concluded its visit to Bucharest on Wednesday, following talks with the authorities on macro-economic prospects and on progress towards achieving the fiscal targets …

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Greece’s Very Real Fiscal Cliff

The tired country’s parliament continues to enact austerity measures to ensure Eurozone financial help keeps flowing, to the anger of many affected parties.Last Wednesday night, I sat in the press stalls inside the main hall of Greece’s parliament watching a critical bill being debated. While Americans were still distracted by …

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Calls Grow in Germany For Return of Balkan Visas

German municipal association demands restoration of visas for Serbia and Macedonia, complaining that towns and cities cannot cope with the influx of new asylum seekers.The head of Germany’s Association of Towns and Municipalities said the number of Serbian and Macedonian asylum seekers rose by 140 per cent in 2012 compared …

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