Hans-Joachim Falenski, advisor to Germany’s ruling Christian Democratic Union-Christian Social Union of Bavaria coalition, says normalization of the relations between Kosovo and Serbia should eventually include a UN seat for Kosovo.

Greek Cypriot administration of southern Cyprus agreed with the EU and the IMF on the new bailout package on early Monday. Following a 10-hour-long meeting in Brussels with head of the EU Council Herman Van Rompuy, head of the EU Commission

Turkey has reacted strongly against a possible Greek Cypriot plan to use oil and gas exploration rights around the eastern Mediterranean island as collateral for an international bailout package it desperately needs to protect its economy from going bankrupt.