Economists in Kosovo say that there has not been adequate analysis on the impact of the global economic slowdown on the country, asking government and other relevant actors to undertake necessary measures to prepare for the crisis which will inevitably hit the newly independent state, they say. 

Romania’s President Traian Basescu addressing parliament on Monday asked “for solidarity and austerity” as he sought to prepare the public for possible International Monetary Fund, IMF, aid in a bid to shore up his country’s faltering economy. “The country will have to pay now for the lack of structural reforms …

Protest organisers said three or four people were lightly injured when police moved in to push back demonstrators. Dozens of anti-government protesters in Georgia briefly scuffled with police outside parliament in the capital Tbilisi on Monday and one person was detained. Protest organisers said three or four people were lightly …