Bosnians tuned in en masse to the inauguration of Barack Obama as the 44th president of the United States, with politicians and analysts saying they hoped for renewed US engagement in the Balkans after eight years of Washington paying very little attention. Like in many other countries which are dependent …

At the end of 2008 Macedonians owed around 1.0 billion euros to banks in mortgage, business and other household loans, an equivalent of 500 euros for each of the country’s two million people, local media say. This marks a significant increase from last year’s average indebtedness of an estimated 337 …

The import of Russian natural gas resumed Wednesday morning, after it was halted for two weeks, Romania’s state-owned pipeline operator Transgaz said. Russia’s Gazprom cut off natural gas supplies on January 7 due to economic disagreements with Ukraine. Ukraine is the main transit route for Russian gas pipelines to the …