Recent Posts

EC launches deficit procedure against Romania

BRUSSELS, Belgium The European Commission (EC) decided on Wednesday (May 13th) to initiate a procedure against Romania for running up an excessive deficit, though the government blames the 2008 budget gap of 5.4% of GDP on expenses related to public employees’ salaries in the context of the global financial crisis.

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Romanian government survives first no-confidence vote

BUCHAREST, Romania By a wide margin Wednesday (May 13th), parliament rejected the first no-confidence vote filed against Prime Minister Emil Boc’s cabinet, which its foes accused of implementing policies that only aggravate the economic crisis.

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Hague rejects Karadzic’s request to drop charges

THE HAGUE, The Netherlands The UN war crimes tribunal rejected a request by former Bosnian Serb leader Radovan Karadzic to drop the charges against him Wednesday (May 13th). Karadzic insists the tribunal is hindering the process and his defence preparations by constantly raiding the homes of his relatives.

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