Recent Posts

Serb Nationalists Protest on NATO Anniversary

Some 1,000 hardline nationalists staged an anti-NATO rally in the main square of Belgrade, chanting “Kosovo is the heart of Serbia” and waving banners hailing Milosevic as the “hero of the Serbian nation.” Earlier, air-raid sirens wailed and church bells tolled on Tuesday as Serbia marked the 10th anniversary of …

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Heavy Snow Triggers Alert in Eastern Serbia

Local authorities in Bosilegrad municipality, an area around 450 kilometres southeast of Belgrade and populated by ethnic Bulgarians, have introduced a state of alert over weather conditions. Mayor Vladimir Zaharijev said that because of the huge snow drifts of up to a metre high around 30 villages were cut off …

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Romania Gets €20 Billion Rescue Loan

Romania has reached an agreement with major international lenders for a €20 billion loan designed to finance the country’ sbudget and current- account deficits. According to the agreement, the International Monetary Fund is to lend €12.95 billion, the European Union – €5 billion while the rest will come from the …

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