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Romania Presidential Election Neck-and-Neck

Preliminary official results indicate a narrow victory for incumbent Traian Basescu in Sunday’s presidential run-off. With 95.7 per cent of the vote counted, election authorities said Basescu polled 50.43 per cent, while challenger Mircea Geoana received 49.57 per cent.

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Russia approves credit for Serbia

Russia will make a credit of USD 200mn accessible to Serbia at the beginning of next year, Russian Deputy Finance Minister Dmitry Pankin said. He told Russian news agency Interfax that the credit agreement could be signed by the end of the year. He reminded that the negotiations with the …

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