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Opposition ‘Will Ruin Bulgaria’s Economy’

Prime Minister Sergey Stanishev has told the Reuters news agency that his party must win forthcoming parliamentary elections to stop the opposition implementing what he describes as “dangerous” economic plans. Stanishev said that Bulgaria did not need experiments with fiscal policy to deal with the global downturn as offered by …

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Serbia, Bosnia Absent at Kosovo Police Summit

Police representatives from around the region were invited to Pristina’s Grand Hotel on Monday, at a conference against organised crime and trafficking held by Kosovo’s Ministry of Internal Affairs. Officials from Turkey, Hungary, Bulgaria, Greece, Slovenia, Croatia, Montenegro, Albania and Macedonia attended, while invited representatives from Serbia and Bosnia and …

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Bulgaria Economy to Shrink 5% in 2009

Bulgaria’s economy will shrink by five per cent this year, London-based research firm Capital Economics suggests, as quoted by the Bloomberg news agency. In one of the bleakest forecasts about the Bulgarian economy since the outbreak of the global financial crisis, Capital Economics said exports and inbound investment flows will …

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EC Mulls Funds to Boost Serbian Economy

The European Commission is considering Belgrade’s proposal to set aside €120 milion from pre-accession funds to help maintain Serbia’s macroeconomic stability and the budget. That is according to EU Enlargement Commissioner Olli Rehn. After a meeting with Deputy Prime Minister Bozidar Djelic, Rehn highlighted that the European Union may start …

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Kosovo satisfied with latest UN report

PRISTINA, Kosovo — Kosovo’s institutions have welcomed the UN’s latest quarterly report on Kosovo as “objective”, media reported on Saturday (March 21st). The report, due to be presented to the UN Security Council on Monday, describes the many challenges facing UNMIK in line with UN Security Council Resolution 1244 and …

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