Romanian Prime Minister Emil Boc said on Wednesday (May 26th) that his government has no intention of giving up its austerity measures, despite public opposition and a confidence vote planned for next week. The measures envision slashing public sector wages by 25% and reducing pensions by 15%. The decision to proceed …

Working groups from Kosovo and Serbia met on Wednesday (May 26th) in Pristina to discuss technical details ahead of the exhumation of a mass grave discovered in Raska, southern Serbia, earlier this month. “We expect the work to begin intensively in two to three weeks at the latest,” Pajazit Nushi, …

Representatives of Serbian government and the International Monetary Fund, IMF, have reached agreement on the fourth review of the country’s stand-by arrangement, which will enable Serbia to draw down €380 million. Addressing reporters on Wednesday, Serbian Minister of Finance Diana Dragutinovic said that due to slowed economic growth in Serbia, …