Serbian vehicle tyre producer ”Trayal Corporation” from Krusevac plans to fire about 400 employees, the company told the local BETA news agency on Wednesday. The number of employees at the factory will decline from 2422 to 2042, adding to the economic woes being felt in this industrial part of north …

A financial aid package for Romania aimed at shoring up the country’s dwindling finances could total roughly 20 billion euros, the country’s president has warned. Speaking on television on Tuesday, President Traian Basescu said that the aid was a necessary ”safety belt” and that details of the loan package would …

Police investigators found 20 bone fragments on Monday during a dig at a site near the town of town of Cizre. Turkish police detained five people on Tuesday after finding bone fragments detectives think may be the remains of victims of extrajudicial killings in the mainly Kurdish southeast, state-run Anatolian …

The conference does not make any sense if an agreement is not achieved on the manner of the mediation for solving the border dispute. Slovenia believes that holding the intergovernmental conference on Croatian European Union accession, scheduled for March 27, does not make any sense if agreement is not achieved …

Medvedev said 1,914 under-age children had died as a result of violent attacks in 2008 and another 12,500 were missing. President Dmitry Medvedev said on Monday Russia should take urgent action to protect children from violent crime and sexual abuse, in order to prevent them from joining a growing army …

The cause of the fault has yet to be established, `but the doors of the launch service tower did not open,` said Franco Bonacina of the ESA. The European Space Agency (ESA) on Monday postponed the launch of its most sophisticated Earth observation satellites to date because of a technical …

A separatist official said the economic slump was slowing the reconstruction effort. South Ossetia’s separatist administration said on Monday Russia was failing to honour a pledge to spend millions of dollars repairing the devastation from last year’s war in the breakaway Georgian region. A separatist official said the economic slump …

Ahmed Bashev, mayor of the town of Garmen, and Murat Boshnak, a teacher were questioned for formenting racial and religious hatred. Bulgaria’s national security agency on Monday launched an investigation into a local mayor and an Islamic studies teacher, on suspicion of spreading of radical Islam and fomenting religious hatred. …

Skopje – Social-Democratic Union of Macedonia (SDSM) presented late Monday in Skopje municipality Gazi Baba presidential candidate Ljubomir Frckoski, Gazi Baba mayor hopeful Milentie Janevski and Skopje mayor front-runner Tito Petkovski of NSDP, as well as the councillor list. “We have an obligation to change the image of Gazi Baba. …

Washington – NATO currently has more important priorities than the Balkan enlargement, said Monday Anthony Cordesman, leading military analyst from the Washington-based Center for Strategic and International Studies. Asked about the NATO membership perspectives of Macedonia, Serbia, B&H and Montenegro, Cordesman said the Alliance is dealing with new candidates at …