Recent Posts

Romania Starts Talks On IMF Loan

Romanian authorities have started negotiations with the International Monetary Fund in Washington over a loan aimed at protecting Romania’s slowing economy from the global financial crisis, local news agency NewsIn reports. Economic analysts have already warned Romania should be the next east European country after Hungary and Ukraine to ask …

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Kosovo ‘Surplus’ Money Idle, Economists Warn

Economists warn that Kosovo has accumulated 475 million euros that is sitting untouched and idle in the banks due to mismanagement of public money, while the Ministry of Economy and Finance says that amount is ‘funds for specific reasons’ and should not be spent unreasonably. According to Shpend Ahmeti, from …

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Kremlin Party Cements Grip In Local Russian Polls

Russia’s ruling party cemented its grip on elected posts with big victories in local elections despite an economic crisis, but the opposition complained of widespread cheating. Political analysts said the level of complaints about the campaign and violations of electoral rules made it hard to draw conclusions from the results …

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Ireland President to visit Bulgaria

Dublin.  Ireland President Mary McAleese will visit Bulgaria in March. It is expected Mary McAleese to meet with political leaders and representatives of business as of March 25-27, Irish Times informs. Former communist country assessed in the EU on January 1 2007. Ireland President visited Bulgaria’s neighbor country Romania in …

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New Rightist Coalition Forming in Bulgaria

A new rightist coalition is being formed in Bulgaria, as parliamentary parties Union of the Democratic Forces (SDS) and Democrats for a Strong Bulgaria (DSB) are in an advanced stage of the talks among them, Sunday. DSB’s Ivan Ivanov said at a party conference in Plovdiv, that the final decision …

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