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Bulgaria Prepares for New Gas Crisis

Bulgaria is preparing contingency plans to ration gas to industrial consumers in case the gas dispute between Ukraine and Russia once again blocks supplies to the country, the economy minister Petar Dimitrov said on March 04. Since Bulgaria relies entirely on Russian gas transited through Ukraine, Bulgaria was one of …

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Serbia: Tadic Gives Stark Economic Warning

In a keynote speech delivered at an annual forum of Serbian economists the country’s president Boris Tadic delivered an impassioned call for an end to links between business, the state and crime. Addressing what some sections of the media have dubbed “Serbia’s Davos”, Tadic told delegates that without greater development …

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Russia warms to US stance

RUSSIA is open to overtures from the US on its proposed missile defence plan but not to a deal in which the US would shelve the plan in exchange for Russia’s help on Iran. The Russian President, Dmitry Medvedev, said he was responding to a report about a private letter …

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