Recent Posts

Georgia ready to enlarge cargo transit to Afghanistan 4- or 5-fold

A working meeting on motor traffic from Europe to Afghanistan via the Caucasus took place in Tbilisi on Friday in the attendance of Georgian Economic Development Minister Lasha Zhvania, European experts, representatives of international organizations and the U.S. Department of Commerce. 

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Romania, Serbia, Hungary to hold meeting of FMs

BUCHAREST Foreign ministers of Romania, Serbia and Hungary will gather on Saturday for the fourth ministerial meeting in Timisoara in western Romania. The meeting will be attended by Romanian Foreign Minister Cristian Diaconescu, Serbian Foreign Minister Vuk Jeremic and Hungarian Foreign Minister Balazs Peter.

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Romania Gets $423 Million From World Bank to Weather Crisis

Romania, which received a 20 billion-euro ($28 billion) bailout led by the International Monetary Fund and the European Union, got a further $423 million loan from the World Bank to weather the financial crisis. 

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