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Albania Recognises Syrian Opposition

Albania on Friday said it had recognized the anti-Assad opposition as the only legitimate representative of the Syrian people.“Albania calls on the United Nations and NATO to take all the necessary measures to stop the barbarian massacre being carried out by Bashar Al-Assad and his regime against the Syrian people,” …

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Croatia’s Credit Rating Downgraded to ‘Junk’

Standard and Poor’s downgraded Croatia’s credit rating to junk on Friday, a development deemed “catastrophic” by a local analyst.”The Croatian government’s reforms have so far been insufficient to eliminate the structural rigidities that hamper the country’s growth potential,” the rating agency said in a statement explaining its decision to lower …

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Macedonian Budget Blocked in Parliament

The Macedonian opposition has blocked the adoption of the national budget for next year, as it battles with the government over proposed loans.Parliament’s Commission on Financing and Budget is blocked with over 1,200 amendments submitted by the opposition Social Democrats, SDSM. This makes it uncertain whether the commission will have …

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