The Egyptian government has decided to offer the second of the original four state-owned commercial banks for sale to a strategic investor. However, the deal may not proceed quite as smoothly as the privatisation of Bank of Alexandria, which was sold to San Paolo IMI of Italy last October for …

Polish President Lech Kaczynski voiced hope Monday (July 16th) that a US project to build a missile defence shield in Eastern Europe, which is fiercely opposed by Russia, will be completed successfully.

Due to free market economy and low taxation, Montenegro received 505m euros in Foreign Direct Investment (FDI) last year. According experts, FDI is expected to increase to 850m euros this year — and continue to rise progressively.