The President of the European Commission, Jose Manuel Barroso, has suggested that Bulgaria could receive EUR 500 M from preliminary payments through European Programs to help the country through the financial crisis, Bulgarian National Radio reported late Thursday. Barroso’s announcement came after a meeting with Bulgarian PM Sergey Stanishev who …

Zagreb,  – Turkey, Italy and Hungary reiterated Thursday their support of Macedonia’s accession to NATO at meetings with Defense Minister Zoran Konjanovski. At the sidelines of enlarged Southeast European Defence Ministerial of the countries from the US-Adriatic Charter in Zagreb, Konjanovski held bilateral talks with his Turkish, Hungarian counterparts Vecdi …

Albania’s finance ministry said on Thursday it would borrow 250 million euros (315 million US dollars) from two foreign banks to cover its budget deficit. The ministry said in a statement it chose Deutsche Bank and Greece’s Alpha Bank for the loan from seven bidders who offered to lend the …