Recent Posts

Serbs boycott vote in Kosovo municipality

Early mayoral elections were held in the municipality of Istok in Kosovo on Sunday. Several minor incidents at polling stations were reported during the voting. The elections went without any major problems, but several political parties and the NGO coalition “Democracy in Action” stated that there were incidents reported.

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Papandreou: Greece may use aid package

Prime Minister George Papandreou said that Greece may have to use a proposed EU-IMF financial aid package. On last Sunday, Papandreou said resorting to the mechanism is not his country’s ” first option ” , but it may be needed. ” The question remains whether this mechanism will convince markets …

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Bulgaria gives up eurozone application for now

Prime Minister Boyko Borisov announced Friday (April 9th) that Bulgaria will give up its eurozone application for the time being due to its current inability to meet the European Monetary Union criteria. Finance Minister Simeon Dyankov said that the country will voluntarily revise its 2008 and 2009 budget deficits. The …

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