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Macedonian PM expects positive EC report

Macedonian Prime Minister Nikola Gruevski said on Monday (October 18th) that he expects the European Commission (EC) will acknowledge Macedonia’s efforts and achievements in its report next month on progress in the

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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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