Serbian vehicle tyre producer ”Trayal Corporation” from Krusevac plans to fire about 400 employees, the company told the local BETA news agency on Wednesday. The number of employees at the factory will decline from 2422 to 2042, adding to the economic woes being felt in this industrial part of north …

A financial aid package for Romania aimed at shoring up the country’s dwindling finances could total roughly 20 billion euros, the country’s president has warned. Speaking on television on Tuesday, President Traian Basescu said that the aid was a necessary ”safety belt” and that details of the loan package would …

Police investigators found 20 bone fragments on Monday during a dig at a site near the town of town of Cizre. Turkish police detained five people on Tuesday after finding bone fragments detectives think may be the remains of victims of extrajudicial killings in the mainly Kurdish southeast, state-run Anatolian …