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Lucas Papademos resigns as Greek PM

Greek political parties have to assure stability, confidence and solidarity to complete the effort to restore the economy. That is what Greek Prime Minister Lucas Papademos, who handed in his resignation to the President of the country Carolos Papoulias said.

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Romania’s new government passes Parliament vote

Romania’s new centre-left government headed by Victor Ponta on Monday won a vote of confidence in parliament, pledging to pursue reforms while seeking to correct social imbalances. The cabinet will be sworn in later in the day during a ceremony at the presidential palace.

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Moldovan President says the country could join EU in 7 or 8 years

Moldovan President Nicolae Timofti during the visit to Romania that Moldova could join the EU in the next 7 or 8 years. He noted that the EU integration needs procedures, which require time. Timofti expressed hope that Moldova would meet all the conditions for the EU membership. “To join the …

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