Macedonia is cutting expenses and introducing a set of fresh measures to help its economy caught in the world economic downturn, the government said Tuesday. The announcement came late yesterday, of a nine percent cut in the state budget previously set at 2.5 billion euros. In addition, predictions released in …

The mission of European Commission arrives in Belgrade today for talks with Serbian officials on a financial help package worth EUR 100 million. The financial support for the Serbian Budget will be provided for by the European Union’s Instrument for Pre-Accession assistance, or the so-called IPA funds. Serbian Government and …

A three-day planning conference started in the Bosnian capital of Sarajevo, on Tuesday, is preparing for NATO exercises which will be held in the country later this year. Alliance’s “Joint Endeavor 2009” military exercise will be held in northwestern Bosnia and Herzegovina in September later this year. This is not …