The IMF announced it would give Romania $3.32 billion as part of a big loan to help the country recover from its deep recession. The IMF, the World Bank and the EU drafted a $27.2 billion aid package last May. The latest tranche, which will be disbursed “immediately”, will bring …

The European Union cannot request Serbia to recognize Kosovo, says an Austrian MEP. This is because the unilateral declaration of independence of Serbia’s southern province had not been recognized by some EU member-states, European parliament member and Vice-President of the Socialist group in the EP Hannes Svoboda has stated.

A delegation of U.S. senators, including George Voinovich [R-OH] and Jeanne Shaheen [D-NH], visited Belgrade on Thursday. They met with President Boris Tadić, and called for a partnership between Serbia and the U.S.