Romanian authorities have started negotiations with the International Monetary Fund in Washington over a loan aimed at protecting Romania’s slowing economy from the global financial crisis, local news agency NewsIn reports. Economic analysts have already warned Romania should be the next east European country after Hungary and Ukraine to ask …

Economists warn that Kosovo has accumulated 475 million euros that is sitting untouched and idle in the banks due to mismanagement of public money, while the Ministry of Economy and Finance says that amount is ‘funds for specific reasons’ and should not be spent unreasonably. According to Shpend Ahmeti, from …

A man held a gun to his head in front of the Turkish Prime Minister’s office in Ankara on Monday in protest against economic conditions before surrendering to bodyguards, a Reuters reporter at the scene said. The man, who was alone, gave a letter to police before being led away …