Southeastern Europe’s proposed natural gas pipeline moved a step closer to reality after the Romanian president signed a decree allowing parliament to ratify construction. The intergovernmental agreement on the Nabucco project was signed by the prime ministers of Turkey, Romania, Bulgaria, Hungary and Austria in Ankara in July.

The International Monetary Fund (IMF) is ready to help Greece if it needed. Director of the IMF’s European Department Marek Belka stated IMF is ready to render aid to Greece in case of request by the EU or Greece itself, but marked that the country could solve its issues alone.

Big margin of victory in first round over nearest rival, Milan Bandic, puts Social Democrat nominee in pole position to claim the prize on January 10. Ivo Josipovic, 52, won the first round of Croatian presidential elections last weekend by a wife margin and, along with his nearest rival, Milan …