Recent Posts

Albania Bank Warns of Slowdown in 2009

Albanian economic growth this year will be minimal, owing to the effects of the global economic downturn, the Central Bank governor, Ardian Fullani, has said. Fullani said confidence in the Albanian banking sector had revived after the first aftershocks of the crises in global financial markets. However, the government needs …

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Albania Slashes Retirement Age for Miners

The Albanian government decided on Tuesday to slash the pension age for miners from 65 to 60-years-old, following an electoral promise from Prime Minister Sali Berisha. Miners unions have held a series of protests in recent years seeking better working conditions and demanding better pensions and wages. 

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Romanian Magistrates Protest Cuts in Bonuses

Court sessions across Romania were suspended on Friday morning for three hours, as magistrates protested the Justice Ministry’s decision to cut some wage bonuses. The National Union of Judges on Wednesday requested the resignation of Justice Minister Catalin Predoiu. 

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