EU Finance Ministers, on May 5, will discuss a proposed €5 billion loan in financial assistance for Romania to help the Balkan country deal with the effects of the financial crisis, the EU said on Tuesday. “The proposed European Union loan is part of a multilateral package which will total …

Kosovo recognitions will very much depend on the authorities’ commitment to the process, says James Rubin, Diplomatic Advisor to the US Secretary of State. In an interview for Kosovo’s private television, RTV21, Rubin declared that “the long battle for recognition will depend on the policies Kosovo’s leadership is about to …

Caught between a worsening economic crisis and the tough reforms required for its management, the government of the Bosniak (Bosnian Muslim) -Croat Federation is increasingly losing the ground under its feet. In the middle of the ongoing negotiations for a new ‘Stand-by’ arrangement with the International Monetary Fund, IMF, representatives …