Supplies of Russian natural gas to southeastern Europe are under control following a pipeline explosion this week, European Union gas experts said on Thursday. The blast on a 30-year-old pipeline in a separatist region of ex-Soviet Moldova caused a drop in deliveries on Wednesday. “After hearing reports of the countries …

Serbian unions said on Thursday they would stage mass protests within two weeks unless government officials take their share of spending cuts agreed last week to secure an IMF loan. Serbia plans to freeze wages and pensions for 18 months and impose a 6 percent income tax surcharge to achieve …

`I am pleased to announce that from February 1, payment for gas has been proceeding in timely fashion,` Tymoshenko said to the press. Prime Minister Yulia Tymoshenko pledged on Thursday that Ukraine’s state energy company Naftogaz would make timely, full payment for gas shipments in March by Russian giant Gazprom. …