Recent Posts

Albania Seizes Assets of Islamic Organisations Suspected of Terror Ties

TIRANA, Albania — The government announced on Tuesday (31 May) that it has seized the assets of four Islamic organisations suspected of ties to terrorists. “Coming to Albania in the 1990s, these foundations have hidden behind charity work to finance suspect activities or to make investments to launder their funds,” …

Read More »

NATO Chief Reiterates Alliance’s Commitment to Southeast Europe

LJUBLJANA, Slovenia — NATO Secretary General Jaap de Hoop Scheffer said Tuesday (31 May) that the Alliance anticipates closer co-operation with Bosnia and Herzegovina and Serbia-Montenegro, assuming the two countries fulfil their international obligations. “We are holding out the prospect of enhanced co-operation with Bosnia and Herzegovina and Serbia-Montenegro — …

Read More »

Romanian Car Market Is Booming

On 29 December 2004, just one day after being sworn in, the new Romanian government decided to radically change the tax system. Since 1 January, profit taxes have been reduced from 25 per cent to 16 per cent, and the graduated income tax was replaced with a 16 per cent …

Read More »