Cyprus objects to non-EU citizens in envoy office; EU set to change powers of special representative. Cyprus is obstructing plans by the EU to reinforce its presence in Bosnia and Herzegovina because it objects to the possible presence of non-EU citizens in the office of the EU Special Representative (EUSR). …

The International Monetary Fund (IMF) has approved a 1.57 billion dollar loan to Bosnia and Herzegovina that was stalled over the country’s failure to implement a series of economic measures. The loan, which is intended to mitigate the effects of the global economic crisis on the small nation, was negotiated …

Albanian economic growth this year will be minimal, owing to the effects of the global economic downturn, the Central Bank governor, Ardian Fullani, has said. Fullani said confidence in the Albanian banking sector had revived after the first aftershocks of the crises in global financial markets. However, the government needs …