The Serbian government is expected to adopt a rebalancing of the 2009 budget at Thursday’s session. Even though it was stated on Wednesday that the budget proposal was adopted by the government’s chief councils, according to Belgrade’s B92 network, the Finance Ministry was working into the late hours of the …

Bosnia’s top western envoy has urged Bosnia’s Bosniak (Bosnian Muslim)-Croat dominated Federation to curb public spending in a bid to get urgent financial support from the International Monetary Fund, IMF. “The Federation of Bosnia and Herzegovina must bring its expenditures under control to ensure financial stability and meet IMF requirements. …

The government of Macedonia proposed an ambitious plan to invest 8 billion euros in the country’s infrastructure through 2016. Fresh off a commanding victory in the April 5th presidential and local runoff, the ruling VMRO-DPMNE-led coalition in Macedonia now has a chance to make good on its plan to invest …