ZAGREB – The Croatian government will on Wednesday unveil a set of spending cuts needed to fix this year’s strained budget and reassure foreign lenders ahead of a Eurobond issue planed in April or May. As part of its anti-recession efforts, the government is likely to cut salaries of around …

MOSCOW – The first film about last August’s war between Russia and Georgia over South Ossetia is to be broadcast on Russian television at primetime on Sunday. The made-for-TV movie, directed by Igor Voloshin, is called “Olympus Inferno” and tells the story of a Michael, a young Russian-American entomologist who …

Sofia is in talks with Moscow for securing temporary financing for the planned EUR 4.0 B nuclear power plant at Belene, for which Bulgaria contracted Russia’s Atomstroyexport. The statement was made by Russian Energy Minister Sergey Shmatko in an interview for the Bulgarian National Radio and confirmed earlier reports. Speaking …