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Olli Rehn: New austerity cuts may be required in Greece

Greece may be required to make additional austerity cuts in order to meet 2011 budget deficit reduction targets, the EU’s economic affairs commissioner Olli Rehn said Monday. “Fiscal targets for 2011 will be maintained which may require some additional measures of fiscal consolidation in order to stick to the fiscal …

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EU President starts Balkan tour

President of the European Council Herman Van Rompuy has arrived on an official visit to Montenegro. After Montenegro, he will travel to Bosnia, Macedonia and Albania.  According to reports, Rompuy’s message will be that the EU is open for enlargement to the Western Balkans, but that

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