Eurasia Press & News

The Asian Development Bank (ADB) is extending $200 million in loans and grants to help Armenia, Georgia and Tajikistan sustain critical social spending programs that have been imperiled by the global economic crisis, the bank’s press office said.

Russia categorically denied on Thursday that its wide range air military maneuvers are targeting Georgia. The attempts by Georgian media and the West to portray such military training as preparation for war against Georgia is not rational, Russian Foreign Ministry Spokesman Andrei Nesterenko told reporters.

Cyprus objects to non-EU citizens in envoy office; EU set to change powers of special representative. Cyprus is obstructing plans by the EU to reinforce its presence in Bosnia and Herzegovina because it objects to the possible presence of non-EU citizens in the office of the EU Special Representative (EUSR). …

The International Monetary Fund (IMF) has approved a 1.57 billion dollar loan to Bosnia and Herzegovina that was stalled over the country’s failure to implement a series of economic measures. The loan, which is intended to mitigate the effects of the global economic crisis on the small nation, was negotiated …

Albanian economic growth this year will be minimal, owing to the effects of the global economic downturn, the Central Bank governor, Ardian Fullani, has said. Fullani said confidence in the Albanian banking sector had revived after the first aftershocks of the crises in global financial markets. However, the government needs …

The Albanian government decided on Tuesday to slash the pension age for miners from 65 to 60-years-old, following an electoral promise from Prime Minister Sali Berisha. Miners unions have held a series of protests in recent years seeking better working conditions and demanding better pensions and wages. 

Court sessions across Romania were suspended on Friday morning for three hours, as magistrates protested the Justice Ministry’s decision to cut some wage bonuses. The National Union of Judges on Wednesday requested the resignation of Justice Minister Catalin Predoiu. 

MEP and leader of the Dutch far-right Freedom Part (PVV), Geert Wilders, has called for Bulgaria and Romania to be thrown out of the EU In an interview for euronews.net Wilders was asked about his views on the Ukraine possibly joining the EU, he answered, “No, I think that no …

The new cabinet will be formed by July 27 2009, prime minister-to-be Boiko Borissov told reporters on July 9 2009, Bulgarian news agency Focus said. President Georgi Purvanov will convene the newly-elected Parliament on July 14 2009, after which he will designate the leader of the party who won the …

SOFIA Bulgarian Deputy Foreign Minister Radoi Popov said Thursday the foreign policy of his country’s new government gave priority to the efforts aiming to inaugurate an embassy in Saudi Arabia at an early date.