Serbia needs a new deal with the International Monetary Fund, but with that money going ensure the macro-economic stability of the country and not to protect the dinar rate, Serbia’s central bank governor Radovan Jelasic said on Tuesday, adding that the state needs the deal also as an excuse for …

One of Macedonia’s biggest infrastructure projects, the building of a ring road round the capital Skopje, is nearing completion after several delays, officials told local media on Monday. Last July the authorities opened to traffic the first stretch of the 26-kilometer long road, part of the long running efforts by …

Money sent home by Bulgarians living abroad boosted the Bulgarian economy with $1.9 billion in 2007, latest World Bank data showed, as quoted by the Bulgarian National Radio. After direct capital investments, remittances from migrant workers was the second most important source of external revenue for developing European economies, both …