The chief of the International Monetary Fund’s mission in Serbia Albert Jagger confirmed today at a press conference that the IMF will approve the loan arrangement with Serbia, but said the Serbian goverment must fulfill some conditions first. “These conditions are: rebalancing the budget, changes in tax regulations, and getting …

About 2,000 workers in Montenegro protested Wednesday over the possible closure of a factory owned by embattled Russian tycoon Oleg Deripaska, the Associated Press reported. The workers at aluminum maker KAP, the biggest Montenegrin exporter, defied a police ban and gathered in front of government headquarters to put pressure on …

Around 1,000 employees of Romania’s state-run railway company, CFR, have started a protest in Bucharest’s main railway station following government plans to scrap around 12,000 jobs this year. “Until now, our negotiations with the government have failed, but we still hope a solution will be found in order to save …