Recent Posts

Seeking an IMF rescue, Romania will aid Ford

Ailing U.S. car maker Ford Motor Co. will receive 143 million euros ($232 million Canadian) in aid from the government of Romania, where the company owns an assembly plant, lawmakers said The state aid, spanning until 2012, will support production of cars and engines at the factory in Craiova, in …

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Romania Seeks $25 Billion Bailout

Faced with stalled growth and a weakened currency, Bucharest became the latest government to ask the IMF and EU for an emergency rescue package Romania could receive about €20 billion as part of an International Monetary Fund-European Union rescue package, with negotiations due to start this week.

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Operative staff with Sofia’s municipality for solving waste problem is forming

Sofia. Operative staff with Sofia’s municipality for solving waste problem is forming. This became clear at press conference of Citizens for European Development of Bulgaria /CEDB/ municipal councilors. The staff consists of: Sofia’s mayor Boyko Borisov, representatives of Environment Directorate, and Mobilization preparation with the municipality as well as representatives …

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