Aside from its IMF stand-by loan, Serbia is trying to secure more funds from international institutions such as the World Bank and European Commission to help it cope with the global financial crisis and ensure economic stability, Deputy Prime Minister Bozidar Djelic said on Wednesday. “Serbia currently has an aid …

Albanian’s former Defense Minister Fatmir Mediu and several former high officials of the Ministry of Defense are expected to be charged on Wednesday with abuse of power over the deadly blast at army depot outside Tirana last March, sources inside the prosecution told Balkan Insight. The blast at an army …

Czech CEZ Group is interested in investing in three key energy sectors in Kosovo, and could even buy the troubled KEK distribution company, a senior company official said. CEZ could dominate the energy sector, starting with the buying of power plant “New Kosova”, the buying of KEK distribution, and investment …