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Romania Cancels Privatisation of Chemical Plant

The Romanian government has cancelled the privatisation of the country’s largest chemical company, Oltchim.The bid to privatise Romania’s state–owned chemical producer, Oltchim, had been cancelled, Prime Minister Victor Ponta announced on Monday evening, after the previous bid winner, Dan Diaconescu, failed to pay for the majority stake. “We have to …

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Serbian Officials ‘In No Rush’ to Join EU

As Serbia awaits an EU progress report which is likely to be negative, the country’s nationalist government has started signalling a change in their attitudes towards EU integration.Suzana Grubjesic, the Serbian Deputy Prime Minister in charge of EU integration, has said that Serbia is in no rush to meet the …

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