Recent Posts

Russia & Serbia sign loan, energy deals

Russian President Dmitry Medvedev came to Belgrade today to honour Serbia’s Second World War past, but also to lay some foundation stones for the future. In the first-ever Russian presidential visit he brought an entourage of 100 advisors with him to discuss a wide range of financial and economic issues. …

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EC Report Says Bulgaria Failed Miserably in EU Funds Absorption

A long-awaited Report of the European Commission demonstrates that Bulgaria has failed to absorb a huge percent of the EU funding it has been eligible for. The Report, which reviews the absorption of EU Funds in Bulgaria and Romania from their EU accession in January 2007 until July 31, 2009, …

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