A fire on the hill above Podgorica briefly threatened homes and nearby embassies – one of several blazes attributed to the prolonged hot dry weather and the wind.Residents of Podgorica were shocked on Monday night when Mt Gorica, the hill after which the capital is named, caught fire. The blaze …

New Central Bank data show that consumer confidence has fallen to its lowest level in seven years.According to the bank, consumer confidence in the economy slid by 1.3 point in the second quarter of 2012, compared with its last estimate. The index registered the outlook of Albanian consumers towards the …

Construction of four 42-storey skyscrapers, set to be the tallest buildings in Macedonia, started on Monday in Skopje.The Turkish company, Cevahir Holding, plans to invest some 300 million euro in the project that should be completed within three years in the Skopje municipality of Aerodrom.The complex will hold a mix …