TBILISI – Georgia plans to build a high voltage electricity line to Turkey that will increase its exporting capacity tenfold, according to Sulkhan Zumburidze, director of the state power dispatcher Georgian State Electrosystem. Zumburidze told Reuters on Thursday that the project will cost 220 million euros to complete, and will …

BUCHAREST – Romania’s agreement with the International Monetary Fund (IMF) and the European Commission is only meant as a preventive measure, Prime Minister Emil Boc said on Wednesday. “The agreement we are going to conclude with the European Commission and the IMF is meant only as a preventive measure, which …

Bulgaria’s former tsar and prime minister Simeon Saxe-Coburg did not rule out joining forces with the ethnic Turks ahead of the general and European Parliament elections in the summer. The NMSP centrist party leader confirmed talks on forming a pre-election coalition with the Turkish DPS are underway just days after …