The average net salary in Romania rose 12.9 percent in the year to January, but declined slightly when compared to the month before, the National Statistics Board reported on Monday. January’s average salary was Lei 1,355 down by 0.9 percent from December, 2008. 

The World Bank Board has approved a Programmatic Private and Financial Development Policy Loan for Serbia worth €34.9 million in order to help the country achieve its economic growth related goals consistent with its European Union aspirations. The loan will support the Government’s reforms by enhancing the business environment, encouraging …

A home-made bomb exploded outside a Citibank branch in the Greek capital causing minor damage and no injuries, police said on Monday. There has been an outbreak of violence since the fatal police shooting of a teenager in December, which sparked Greece’s worst riots in decades and rocked the fragile …