One miner was killed and 14 others were injured over the weekend in an explosion of methane in a coal mine at Stranjani near central Bosnian town of Zenica. Two out of the 14 injured miners are in a critical condition with severe burns and Bosnian officials have been trying …

Serbia hopes to reach an agreement with the International Monetary Fund, IMF, on a new stand by loan arrangement worth up to 3 billion euros by the end of this week. Deputy Prime Minister Bozidar Djelic on Monday stated that he expects talks with the IMF to end by late …

Rating agency Standard & Poor’s has downgraded Croatia’s currency by one notch to BBB from BBB+, as financing from outside the country becomes increasingly difficult or expensive to come by. The rating agency also cited on Monday the country’s lack of fiscal policy flexibility due to its large public sector. …