The International Monetary Fund, IMF, warned Albania on Saturday it should be prudent in its spending ahead of its general election on June 28 or risk possible threats to its macroeconomic stability. In its final report on Albania-IMF relations, the Fund warned that “without its program support—which has served as …

Romanian authorities have started negotiations with the International Monetary Fund in Washington over a loan aimed at protecting Romania’s slowing economy from the global financial crisis, local news agency NewsIn reports. Economic analysts have already warned Romania should be the next east European country after Hungary and Ukraine to ask …

Economists warn that Kosovo has accumulated 475 million euros that is sitting untouched and idle in the banks due to mismanagement of public money, while the Ministry of Economy and Finance says that amount is ‘funds for specific reasons’ and should not be spent unreasonably. According to Shpend Ahmeti, from …