Faced with stalled growth and a weakened currency, Bucharest became the latest government to ask the IMF and EU for an emergency rescue package Romania could receive about €20 billion as part of an International Monetary Fund-European Union rescue package, with negotiations due to start this week.

Sofia. Operative staff with Sofia’s municipality for solving waste problem is forming. This became clear at press conference of Citizens for European Development of Bulgaria /CEDB/ municipal councilors. The staff consists of: Sofia’s mayor Boyko Borisov, representatives of Environment Directorate, and Mobilization preparation with the municipality as well as representatives …

According to Bulgaria’s minister of interior affairs Mihail Mikov the economic crisis had created a criminal situation in the country Thursday. Mikov made his statement in his first comment following a brutal murder that shocked Sofia last night. A 73 year old man was robbed, murdered and his home was …