At the end of 2008 Macedonians owed around 1.0 billion euros to banks in mortgage, business and other household loans, an equivalent of 500 euros for each of the country’s two million people, local media say. This marks a significant increase from last year’s average indebtedness of an estimated 337 …

The import of Russian natural gas resumed Wednesday morning, after it was halted for two weeks, Romania’s state-owned pipeline operator Transgaz said. Russia’s Gazprom cut off natural gas supplies on January 7 due to economic disagreements with Ukraine. Ukraine is the main transit route for Russian gas pipelines to the …

Bulgaria’s Minister of Energy and Economy Petar Dimitrov said on Wednesday that the austerity measures in natural gas consumption would be lifted after Russia and the Ukraine resolved their gas pricing dispute. . “We have gas, the crisis is over”, the Minister declared explaining all technical conditions to do away …

JERUSALEM (Reuters) – War ends in the Gaza Strip, a new U.S. president is sworn in, and suddenly this week there is new talk about talks between sworn enemies Israel and Hamas. But talk may be as far as it goes. Neither the contenders in Israel’s election nor Barack Obama …

MIDYAT, Turkey (Reuters) – In a remote village near the Turkish-Syrian border, a land dispute with neighboring villages is threatening the future of one of the world’s oldest functioning Christian monasteries. Critics say the dispute, which has become a rallying cry for Christian church groups across Europe, is a new …

BAGHDAD (Reuters) -When Iraqis last voted in 2005, some in Washington feared the mainly Muslim nation would veer in the direction of Iran, an Islamic theocracy, instead of becoming the moderate democracy they envisioned for post-Saddam Iraq. The question when Iraqis elect new provincial leaders on January 31 will be …

RAMALLAH, West Bank (Reuters) – Palestinian political leaders said on Wednesday any resumption of peace talks with Israel would require the Jewish state to commit to withdraw from land occupied in 1967 and freeze all settlement activity. The Palestine Liberation Organization (PLO) issued a statement in the West Bank city …

DAMASCUS (Reuters) – Hamas leader Khaled Meshaal urged the West Wednesday to lift its boycott of the Palestinian Islamist group that controls the Gaza Strip. “I tell European nations … three years of trying to eliminate Hamas is enough. It is time for you to deal with Hamas, which has …

WASHINGTON (Reuters) – U.S. President Barack Obama phoned leaders in Egypt, Israel, Jordan and the Palestinian Authority on Wednesday to promise that he will actively engage on Arab-Israeli peace efforts, the White House said. “He used this opportunity on his first day in office to communicate his commitment to active …

KABUL (Reuters) – The Taliban are fighting not to win power but to push foreign armies out of Afghanistan and U.S. President Barack Obama will only make the country more unstable by sending more troops, a former Taliban official said on Wednesday. “The plan that he had to increase the …