Albania and Bosnia and Herzegovina have agreed to improve economic and diplomatic relations and work jointly towards their faster membership in the European Union and NATO. The agreement to improve relations between the two countries came during the official visit of Albanian Premier Sali Berisha to the Bosnian capital of …

As a new bid for state bonds is launched on Tuesday, Prime Minister Nikola Gruevski argues that they are not being issued to cover a budget crisis. The rumours that the state budget is so empty that there is no money for the wages for the state administration and for …

Bulgaria’s economy will shrink by five per cent this year, London-based research firm Capital Economics suggests, as quoted by the Bloomberg news agency. In one of the bleakest forecasts about the Bulgarian economy since the outbreak of the global financial crisis, Capital Economics said exports and inbound investment flows will …