As the Serbian government mulls involving the Chinese in building a river channel from Belgrade to Thessaloniki, opposition parties and some experts have dubbed it unrealistic.Milan Bacevic, Serbia’s Urban Planning Minister, has travelled to China to start preliminary talks on building a channel running from Belgrade to Thessaloniki in northern …

After attempts to sell it failed, the mainly state-owned Oltchim chemical company is filing for insolvency.Romania’s mainly state-owned petrochemical and plastics manufacturer, Oltchim, is to start insolvency procedures after sending a request to a local court, the Economy Minister, Varujan Vosganian, said on Wednesday. Oltchim is the second large state-owned …

United States helped France to flew troops and supplies into Mali, while Italy’s lawmakers voted to also provide assistance. The US mission started on Monday with two C-17 flights from southern France loaded with cargo and dropping it off in Mali. The flights are expected to continue for several days.