Recent Posts

Georgia sees progress in Geneva conference

Georgian deputy foreign minister Sergi Kapanadze said that Russia took a more open position in talks held in Geneva over discussions on obligations not to use military force. The last round of the International Conference on the Georgian issue held by the UN, EU and OSCE took place in Geneva …

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Greece could need a 3rd bailout package

Greek Prime Minister Lucas Papademos declared on Friday that Greece could need a 3rd bailout package. This might happen if the austerity measures will not stabilize the economy and restore market confidence. “Greece will do everything possible to make a third adjustment program unnecessary. It cannot be excluded that some …

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Bulgaria decides to terminate Belene project

Bulgaria has decided to terminate the construction of the Belene nuclear power plant, a project that was started in 1981. The Bulgarian Prime Minister Boyko Borisov said that the government will end the deal with Russia for the construction of the project because it was “unfeasible” and too expensive. The …

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EP to vote resolution on Serbia

On Thursday, The European Parliament will vote on a new resolution on Serbia. This resolution praises Serbia’s reforms and efforts and it says that the EU accession talks should be opened as soon as possible. “I believe Serbia is ready for accession talks. Negotiations should

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