LJUBLJANA, Slovenia — NATO Secretary General Jaap de Hoop Scheffer said Tuesday (31 May) that the Alliance anticipates closer co-operation with Bosnia and Herzegovina and Serbia-Montenegro, assuming the two countries fulfil their international obligations. “We are holding out the prospect of enhanced co-operation with Bosnia and Herzegovina and Serbia-Montenegro — …

On 29 December 2004, just one day after being sworn in, the new Romanian government decided to radically change the tax system. Since 1 January, profit taxes have been reduced from 25 per cent to 16 per cent, and the graduated income tax was replaced with a 16 per cent …

Serbia-Montenegro will downsize its military by 9,300 people this year as part of its efforts to adjust to NATO standards, the defence ministry’s office of public relations said Sunday (29 May). A total of 1,400 professional soldiers and 5,300 civilians will be released in Serbia, while in Montenegro the number …