The youngest candidate and the one with the briefest party membership, Zoran Milanovic, is the new president of Croatia’s main opposition Social Democratic Party (SDP). He triumphed in the second round of voting at the extraordinary party convention on Saturday (June 2nd), winning 828 votes. His rival in the runoff, …

In a move aimed at creating a friendlier investment climate and making the economy more competitive, the Albanian government approved a fiscal package last week that includes implementing a 10% flat tax — the lowest level in Southeast Europe. Corporate taxes will also be slashed to 10%.

MANCHESTER, New Hampshire (AFP) — Top Democratic presidential hopefuls traded their sharpest barbs yet of the 2008 White House race, as differences over Iraq burst into the open during their second televised debate.