Recent Posts

Greece receives first tranche of aid

The finance ministry announced on Wednesday (May 12th) that Greece received 5.5 billion euros from the IMF as part of the international aid to help the country overcome its financial crisis. The money will be used to repay part of the country’s huge debt. In other news, Greece’s two main …

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EC urges BiH to pass census law

The European Commission (EC) is pressing BiH to approve a law on holding a population census across both entities. The head of the EC delegation to BiH, Dimitris Kourkoulas, said on Wednesday (May 12th) that Enlargement Commissioner Stefan Fuele and Economic and Monetary Affairs Commissioner Olli Rehn have sent a …

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Romania, US hold missile shield discussions

The foreign ministry announced on Wednesday (May 12th) that Romania and the United States held a round of technical talks Tuesday on Bucharest’s inclusion in the proposed US missile defence shield for Europe. The Supreme Defence Council decided in February that Romania should join the shield project and host components …

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Turkey pushes UN to set timeline for Cyprus talks

Talk of a timeline for Cypriot reunification from the United Nations’ secretary-general would represent an important success in the peace process, according to a Turkish diplomat. Mentioning – even indirectly – a timeline for the completion of the talks by [U.N. Secretary-General] Mr. Ban Ki-moon in his to-be-released Goodwill Mission …

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EU: Romania not ready for euro adoption yet

The European Commission on Wednesday concluded Romania is not yet prepared to join the euro area, citing a series of legal incompatibilities along the mandatory criteria for adopting the European common currency. In its 2010 convergence report, the Commission said Romania, Bulgaria, Czech Republic, Hungary, Latvia, Lithuania, Poland and Sweden …

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Azerbaijan, Georgia, Romania sign agreement to establish a joint venture on the project of a new way of transporting Azerbaijani gas to Europe

Georgia, Azerbaijan and Romania have signed an agreement on the establishment of a joint venture (JV) on the project of a new way of transporting Azerbaijani gas to Europe yesterday. Tbilisi hosted a ministerial on the implementation of the Georgian-Azerbaijani-Romanian project on the transportation of Azerbaijani liquefied natural gas to …

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