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Romanian Unions Warn of Huge Protests

Thousands of people are expected to protest in Bucharest on Wednesday against the austerity measures announced by the Romanian government. “It will be the greatest protest so far,” trade unionist leader Bogdan Hossu said, adding that “after almost ten days of demonstrations, the government has to take a closer look …

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Negotiations between Serbia and IMF begin in Belgrade

New negotiations between Serbian officials and the International Monetary Fund (IMF) mission have started in Belgrade. The talks concern the fourth revision of the stand-by agreement signed between Serbia and the international financial institution. While some ministers have said that they were optimistic regarding the talks, economists warned that the …

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